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What is the trigger rate in variable mortgage?

What is the trigger rate, and how does it affect your variable mortgage this year after many interest rates increase? The Bank of Canada has increased the central bank rate by 4.00% since March this year to cool the inflation rate. And while many homeowners expected rates to rise, no one expected things to jump up so quickly. So, what does this mean for homeowners and their mortgages? As a result of...

Renting Condominium in Toronto

Toronto’s Rental Boom: From Market Trends to Tenant and Owner Tips

Toronto's Ever-Changing Rental Scene: A Comprehensive Look Understanding the Shifts in Rental Prices Canada's vast landscapes aren't just picturesque; they're rapidly evolving, especially in the realm of urban housing. Toronto, a bustling epicentre of culture, commerce, and community, recently presented a curious twist in its property narrative. The year-end statistics from December 2022 unveiled a...

How to Set a Closing Date for Your Home When Selling

How to set a closing date on your home?

How to set a closing date on your home? Maximizing Your Home Sale: Choosing the Right Closing Date! When preparing your property for sale, understanding the impact of the closing date on the selling process and price is crucial. This article delves into the optimal timing for closing your home sale, attracting the maximum number of qualified buyers. Understanding the Closing Date in Real Estate The...

exemptions to rent control

Exploring Rent Control Exemptions in Toronto and Understanding New Building Rent Regulations.

Exploring Rent Control Exemptions in Toronto and Understanding New Building Rent Regulations   Rent control policies are a significant part of the rental market landscape, especially in bustling urban areas like Toronto. They're designed to protect tenants from sudden, unreasonable rent increases. However, not all properties fall under these regulations. As a renter or newcomer to the city,...

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