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Is the Real Estate Market Going to Crash?

Tuesday Mar 2nd, 2021

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Is the Real Estate Market Going to Crash

Is the Real Estate Market Going to Crash? While many areas of the economy have contracted, the housing market has stayed remarkably strong. But can the good news last? When COVID-related shutdowns began in March, real estate brokers and clients scrambled to respond to the shift. Record-low interest rates caused some lenders to call a halt to new underwriting, and homeowners debated whether or not to put their houses on the market. However, those first days of uncertainty ushered in a... [read more]

10 Ways to Give Back to Our Local Community This Holiday Season

Thursday Dec 10th, 2020

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10 Ways to Give Back to our Local Community

10 Ways to Give Back to Our Local Community This Holiday Season This year has demonstrated, perhaps more than ever, the importance of our family, friends, neighbors, and community. It truly “takes a village” to keep a community functioning effectively, whether that’s by keeping our waterways clean, feeding the hungry, teaching our kids, or supporting small businesses. With the holidays right around the corner, December offers the perfect opportunity to give back to... [read more]

It's That Time of the Year but with a Difference - Be a Hero, Help a Hero!

Saturday Dec 19th, 2020

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It's that time of the year

It's That Time of the Year but with a Difference - Be a Hero, Help a Hero! Hello, this is Manoj Arora from Ace Team Realty, your Real Estate Consultant for life. 2020 has been quite an experience for everyone. This holiday season is going to be different than what we're used to and unfortunately, due to the pandemic restrictions, I will not be able to see my clients this year. As much as I love playing my role as Santa, instead of investing in yearly calendars and goodies, I... [read more]

Take Advantage of Your Home Equity: A Homeowner’s Guide

Monday Feb 3rd, 2020

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Take Advantage of Your Home Equity

Take Advantage of Your Home Equity: A Homeowner’s Guide Homeownership offers many advantages over renting, including a stable living environment, predictable monthly payments, and the freedom to make modifications. Neighborhoods with high rates of homeownership have less crime and more civic engagement. Additionally, studies show that homeowners are happier and healthier than renters, and their children do better in school.1   But one of the biggest perks of... [read more]

Ottawa unveils new mortgage stress test rules that will make it easier to pass

Tuesday Feb 18th, 2020

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Mortgage Rates

Ottawa unveils new mortgage stress test rules that will make it easier to pass On February 18, Minister of Finance Bill Morneau announced changes to the benchmark rate used to determine the minimum qualifying rate for insured mortgages, also known as the stress test. The new minimum qualifying rate will be the weekly median five-year fixed insured mortgage rate from mortgage insurance applications, plus two percentage points. TRREB has long called for adjustments to the... [read more]

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