Kumar Mortgage

'Great for landlords, horrible for renters': How a runaway rental market has become Toronto's latest housing nightmare Bidding wars for Toronto rental properties are now common and rents have skyrocketed more than 20% in one year. Read more

Bank of Canada Preview: Rate Hike Expectations Growing - Mortgage Rates & Mortgage Broker News in Canada With inflation well above the Bank of Canada’s target level and ongoing supply chain issues, expectations of earlier-than-expected interest rate hikes in 2022 are growing. For much of the past year, the Bank of Canada had assured markets that interest rate hikes were off the table for at least the...

Bank of Canada backs tighter mortgage stress test amid hot housing market. Beginning in June, the qualifying rate for uninsured mortgages will be either two percentage points above market rate or 5.25 per cent — whichever is higher. The current qualifying rate is 4.79 per cent.
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Whether you are a First-Time Home Buyer, Self-Employed, or have Credit Issues. Visit https://www.kumarmortgage.ca/ for a mortgage that is tailored to your current situation.
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Canada Tried To Stop Real Estate Prices From Falling, And Created A Bigger Bubble

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Whether you are a First-Time Home Buyer, Self-Employed, or have Credit Issues. Visit https://www.kumarmortgage.ca/ for a mortgage that is tailored to your current situation.

Are the days of low interest rates coming to an end for Canadian homebuyers?

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Whether you are a First-Time Home Buyer, Self-Employed, or have Credit Issues. Visit https://www.kumarmortgage.ca/ for a mortgage that is tailored to your current situation.

Canada real estate: mortgage borrowing reaches record high of $108 billion in 2020

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Whether you are a First-Time Home Buyer, Self-Employed, or have Credit Issues. Visit https://www.kumarmortgage.ca/ for a mortgage that is tailored to your current situation.

Mortgage rates may rise as Bank of Canada ends emergency pandemic program

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Whether you are a First-Time Home Buyer, Self-Employed, or have Credit Issues. Visit https://www.kumarmortgage.ca/ for a mortgage that is tailored to your current situation.

Forget a Crash: Canada Housing Market Just Got a Big Thumbs-Up!

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Whether you are a First-Time Home Buyer, Self-Employed, or have Credit Issues. Visit https://www.kumarmortgage.ca/ for a mortgage that is tailored to your current situation.

2020 Bank Earnings – The End of Mortgage Deferrals
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Whether you are a First-Time Home Buyer, Self-Employed, or have Credit Issues. Visit https://www.kumarmortgage.ca/ for a mortgage that is tailored to your current situation.

Mortgage Defaults Rising: Housing Crash in 2021?
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Whether you are a First-Time Home Buyer, Self-Employed, or have Credit Issues. Visit https://www.kumarmortgage.ca/ for a mortgage that is tailored to your current situation.

Canada 2021 Housing Forecasts Call For A Boom ... Or The Worst Crash in 40 Years
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Whether you are a First-Time Home Buyer, Self-Employed, or have Credit Issues. Visit https://www.kumarmortgage.ca/ for a mortgage that is tailored to your current situation.

The Bank of Canada announced it is holding the current key rate of ¼ percent. It is expected that the Bank of Canada will keep rates low into 2023 to help with the economic recovery.

Read the full report here: https://www.bankofcanada.ca/2021/01/fad-press-release-2021-01-20/

Statistics Canada says economy grew at a record pace in third quarter of 2020
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Whether you are a First-Time Home Buyer, Self-Employed, or have Credit Issues. Visit https://www.kumarmortgage.ca/ for a mortgage that is tailored to your current situation.

Bank of Canada to restate low-rate guidance in Wednesday call
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Whether you are a First-Time Home Buyer, Self-Employed, or have Credit Issues. Visit https://www.kumarmortgage.ca/ for a mortgage that is tailored to your current situation.

Wishing every day of the new year to be filled with success, happiness, and prosperity for you. Happy New Year.

Small businesses can now apply for an additional $20,000 under CEBA
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Whether you are a First-Time Home Buyer, Self-Employed, or have Credit Issues. Visit https://www.kumarmortgage.ca/ for a mortgage that is tailored to your current situation.

What experts have to say about HSBCs new 0.99% mortgage
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Whether you are a First-Time Home Buyer, Self-Employed, or have Credit Issues. Visit https://www.kumarmortgage.ca/ for a mortgage that is tailored to your current situation.

How to get around Canada's harsh new mortgage rules
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Whether you are a First-Time Home Buyer, Self-Employed, or have Credit Issues. Visit https://www.kumarmortgage.ca for a mortgage that is tailored to your current situation.

Latest in Mortgage News: Dominion Lending Centres Unveils New Deals
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Whether you are a First-Time Home Buyer, Self-Employed, or have Credit Issues. Visit https://www.kumarmortgage.ca for a mortgage that is tailored to your current situation.

Latest in Mortgage News: Dominion Lending Centres Unveils New Deals - Mortgage Rates & Mortgage Broker News in Canada Dominion Lending Centres continued its growth trajectory this month with several new announcements.

The Most Complete Home Maintenance Checklist to Keep Your Biggest Investment in Top Shape
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Whether you are a First-Time Home Buyer, Self-Employed, or have Credit Issues. Visit https://www.kumarmortgage.ca for a mortgage that is tailored to your current situation.

The Ultimate Home Maintenance Checklist Print out this annual and semi-annual homeowner maintenance checklist to keep your home in its best condition to prevent middle-of-the-night emergencies.

Bank of Canada Signals Low Rates Until 2023, Unveils Changes to QE Program
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Whether you are a First-Time Home Buyer, Self-Employed, or have Credit Issues. Visit https://www.kumarmortgage.ca for a mortgage that is tailored to your current situation.

Bank of Canada Signals Low Rates Until 2023, Unveils Changes to QE Program - Mortgage Rates & Mortgage Broker News in Canada Mortgage shoppers take note: Cheap money is here to stay, at least for the next two years, the Bank of Canada reaffirmed during its interest rate decision on Wednesday.

💰 💰 Rate drop! 💰 💰
Whether you are a First-Time Home Buyer, Self-Employed, or have Credit Issues. Visit https://www.kumarmortgage.ca/ for a mortgage that is tailored to your current situation.

Happy Diwali Everyone

As we mark Remembrance day, let us remember the men and women who fought and are still fighting throughout the world for peace.

15 Home Maintenance Tips for the Fall
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Whether you are a First-Time Home Buyer, Self-Employed, or have Credit Issues. Visit https://www.kumarmortgage.ca/ for a mortgage that is tailored to your current situation.

Up to 20% of Canadian Mortgages at Higher Risk of Defaulting: RBC
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Whether you are a First-Time Home Buyer, Self-Employed, or have Credit Issues. Visit https://www.kumarmortgage.ca/ for a mortgage that is tailored to your current situation.

Up to 20% of Canadian Mortgages at 'Higher Risk of Defaulting': RBC RBC Capital Market analysts say between 10 and 20% of Canadian mortgages currently under deferral are at a higher risk of default.

Latest in Mortgage News: Dominion Lending Centres Unveils New Deal
https://bit.ly/3kKh37n
Whether you are a First-Time Home Buyer, Self-Employed, or have Credit Issues. Visit https://www.kumarmortgage.ca/ for a mortgage that is tailored to your current situation.

Hamilton house prices explode amid COVID as Toronto buyers leave commuting worries behind
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Whether you are a First-Time Home Buyer, Self-Employed, or have Credit Issues. Visit https://www.kumarmortgage.ca for a mortgage that is tailored to your current situation.

Hamilton house prices explode amid COVID as Toronto buyers leave commuting worries behind | CBC News A wide range of pandemic fuelled factors is pushing up prices in Hamilton as buyers look to flee Toronto and the supply of homes for sale isn't keeping up.

Average Canadian house price soared 18% in past year, CREA says
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Whether you are a First-Time Home Buyer, Self-Employed, or have Credit Issues. Visit https://www.kumarmortgage.ca for a mortgage that is tailored to your current situation.

Canada's housing market remains on fire during pandemic, with average prices up 18% since last year | CBC News Canada's housing market continued its improbable run in August, as average prices jumped by almost 20 per cent from where they were a year earlier, and the number of homes sold shattered the monthly record, too.

Bank of Canada Reaffirms Its Low-Rate Outlook
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Whether you are a First-Time Home Buyer, Self-Employed, or have Credit Issues. Visit https://www.kumarmortgage.ca for a mortgage that is tailored to your current situation.

Bank of Canada Reaffirms Its Low-Rate Outlook - Mortgage Rates & Mortgage Broker News in Canada Despite a booming housing market and rapid job gains, the Bank of Canada warned that the country’s economic recovery will be “heavily reliant on policy support.”