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It’s About to Get Easier for Entrepreneurs to Get a Mortgage – Matrix Mortgage Global

Matrix Mortgage Global – It’s About to Get Easier for Entrepreneurs to Get a Mortgage If you have had trouble getting a mortgage in the past because you are self-employed, there is hope on the horizon. The Canada Mortgage and Housing Corporation (CMHC) has just announced measures it will be undertaking to make it easier […]

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What do you need to qualify for a commercial mortgage?

Matrix Mortgage Global – What do you need to qualify for a commercial mortgage?   If you are operating a business, then at some point you may be interested in applying for a commercial mortgage. Since the borrower on a commercial mortgage is typically a company rather than an individual, assessing credit can be more […]

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Five Reasons You Should Get Preapproved for a Mortgage Before You Begin House Hunting

Matrix: Five Reasons You Should Get Preapproved for a Mortgage Before You Begin House Hunting   Are you in the market to get a new home? Congratulations! But before you start looking at real estate listings or picking out curtains, you’ll want to give your friendly neighborhood mortgage broker a call and get pre-approved for […]

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New Mortgage Renewal Rules Could Mean Big Savings for Homeowners

Matrix Mortgage Global – New Mortgage Renewal Rules Could Mean Big Savings for Homeowners   If you are among the nearly half of Canadian homeowners whose mortgage is up for renewal in 2018, we’ve got some good news for you. Some recent changes to Canada’s mortgage renewal rules could save you some big money. In […]

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Toronto’s Infrastructure Problems Won’t Be Solved By Moratorium on New High Rise Developments

Toronto City Councillor Kristyn Wong-Tam of Ward 27 Toronto-Centre/Rosedale recently proposed a moratorium on new high-rise residential condo developments in the downtown core. Her rationale for doing so? Housing oversupply, gridlock, road safety and disruptions to business owners caused by construction. Wong-Tam believes that implementing a one-year moratorium on new tall building residential re-zoning applications […]

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Millennial Migration Due To Red Hot Market

The numbers are in: Canadian home prices have been growing by 2.0% per month on average, and 10.9% year-over year. The red-hot Toronto market saw a 3.1% increase in home prices, and Vancouver had a 2.3% increase despite the new foreign home buyer tax. Canada’s booming real estate segment and competitive bank lending is contributing […]

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