Monny Abraham - Mortgage Agent

06/17/2020

Latest in Mortgage News: Stress Test Rate to Drop
https://bit.ly/2LF5j6j

Thanks to a reduction in some Big-Bank posted rates in recent days, Canada's mortgage stress test rate will fall as early as next week.

06/10/2020

Toronto Renters Could See Some Relief in the Post-COVID Market
https://bit.ly/2xSyijV

Shaun Hildebrand, head of development-tracking market research firm Urbanation, says Toronto's rental market could experience some relief post COVID-19.

06/03/2020

Home prices could fall 5% amid pandemic: Capital Economics
https://bit.ly/2ShJjCi

Canadian home prices could fall a “relatively modest” five per cent by July as some owners are forced to sell in the face of the economic hardship brought on by COVID-19, Capital Economics said Monday.

05/27/2020

Coronavirus: 61% of Toronto businesses would close down in 3 months, survey says
https://bit.ly/3cPve7e

A survey that looked at businesses in Toronto found that 61 per cent will not survive over the next three months, without much needed rent relief, due to the economic effects of the COVID-19 pandemic.

05/27/2020

Announcing the new website
We’re pleased to announce the launch of our new website. Do visit us on https://www.mymortgagegenius.com/

05/22/2020

Will COVID-19 Trigger a Housing Market Crash in Canada?
https://bit.ly/2ZkLysL

Canada's once strong housing market is in the grip of uncertainty after the COVID-19 pandemic has increased the risk of values crashing.

05/20/2020

How Much GTA Home Prices and Sales Have Changed During COVID-19
https://bit.ly/3dpotcb

Zoocasa has calculated the change in GTA home prices and sales between March 16 and April 15, 2020, when compared to the same period last year.