New Mortgage Changes
OSFI Releases Guideline on Mortgage Underwriting Principles OTTAWA, ONTARIO–(Marketwire – June 21, 2012) – The Office of the Superintendent of Financial Institutions (OSFI) releases today the final version of a Guideline that sets out expectations for prudent residential mortgage underwriting. The Guideline, Residential Mortgage Underwriting Practices and Procedures (B-20), builds on the Financial Stability Board’s international … Read More
Pad to Pad newsletter April 2012
Welcome to my April newsletter. Below are the Real Estate stories that have been making the news over the last month. Highlights Average home in Toronto is now $500,000 Company wants to sell 3 inch “condo” safety deposit boxes. More homes being built in laneways Tight Market Drives Double-Digit Price Growth April 4, 2012 — Greater … Read More
Greenrealestate Newsletter For February
Greenrealestate® Newsletter February 2012 volume 2.0 www.nagab.org Important Announcement: Carbonzero has partnered with Greenrealestate® to allow Realtors® across Canada the opportunity to reduce their contribution to climate change by offsetting their carbon contributions to the environment. Carbonzero was founded in 2006 and has rapidly risen to become a leader in the design and implementation of carbon … Read More
Pad To Pad Newsletter – February 6th 2012
Happy Valantine’s Day Everyone, Below are a few Real Estate related articles that came out over the last month. My favourite was the inverted shoe-box house that sold on Coxwell last month. GTA REALTORS® Release Monthly Market Figures TORONTO, February 3, 2012 — Greater Toronto REALTORS® reported 4,567 sales through the TorontoMLS® system in January 2012. … Read More