by Seun Adeyemi | Oct 26, 2017 | Financial Planning, Mortgage, Real Estate
Banking regular OSFI (short for Office of the Superintendent of Financial Institutions) has become quite the topic around watercoolers these days. If you’ve been following the news lately, I’m sure you’ve heard plenty about the new mortgage stress test OSFI is...
by Seun Adeyemi | Oct 16, 2017 | Financial Planning, Mortgage, Real Estate
When it comes to shopping for a mortgage, many of us simply look for the lowest rate. While the mortgage with the lowest rate may be the best mortgage for you, that’s not always the case. Mortgages with low rates often have restrictions, such as quick closes (your...
by Seun Adeyemi | Oct 1, 2017 | Financial Planning, Mortgage, Real Estate
There are plenty of choices when it comes to purchasing a home: urban or suburban, condo or house, carpet or hardwood, just to name a few. Then there are the decisions about your mortgage; while most of us choose a ‘closed’ instead of an’open’...
by Seun Adeyemi | Sep 28, 2016 | Mortgage, Real Estate
News flash: it’s expensive to buy a home in Toronto. The average price of a detached house is over $1.2 million. The lack of supply of detached houses means there’s upward pressure on the price of condos, too. Housing affordability is so much of a hot-button issue...
by Seun Adeyemi | Sep 19, 2016 | Real Estate
Buying a home comes with many decisions. Should choose a fixed or variable rate mortgage? A condo or detached house? Urban or suburban? Another tough choice faced by home-buyers is whether to buy a new or resale (used) home. For many of us it’s a personal decision...
