New Mortgage Changes

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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

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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

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