Harkirat Khangura - Mortgage Specialist

🏠 𝗦𝘄𝗶𝘁𝗰𝗵 𝘁𝗼 𝗧𝗗 𝗮𝗻𝗱 𝗘𝗮𝗿𝗻 𝗖𝗮𝘀𝗵𝗯𝗮𝗰𝗸 𝗼𝗻 𝗬𝗼𝘂𝗿 𝗠𝗼𝗿𝘁𝗴𝗮𝗴𝗲!🏠

Thinking about switching your mortgage to a new lender? Now is the perfect time! TD is offering an exciting cashback campaign for clients who transfer their mortgage from another financial institution to TD.

🔑 𝗪𝗵𝘆 𝘀𝘄𝗶𝘁𝗰𝗵 𝘁𝗼 𝗧𝗗?

- 𝗖𝗮𝘀𝗵𝗯𝗮𝗰𝗸 𝗕𝗼𝗻𝘂𝘀: Receive a cashback reward when you switch your mortgage to TD.
- 𝗖𝗼𝗺𝗽𝗲𝘁𝗶𝘁𝗶𝘃𝗲 𝗥𝗮𝘁𝗲𝘀: Enjoy some of the most competitive rates in the market.
- 𝗘𝘅𝗽𝗲𝗿𝘁 𝗔𝗱𝘃𝗶𝗰𝗲: Our mortgage specialists are here to guide you through every step of the process.

💡𝗥𝗲𝗮𝗱𝘆 𝘁𝗼 𝗺𝗮𝗸𝗲 𝘁𝗵𝗲 𝘀𝘄𝗶𝘁𝗰𝗵?
Call me today @ 825-343-4848 or visit my website to book an appointment to learn more and start saving!

Average home prices in this region are just a bit lower than Hamilton-Burlington, at $796,900, and you'll need slightly less annual income to afford a home at $123,900

Here's how much you need to earn to afford a home in major Ontario cities

Home sales fell for 6th but smallest time in a row. Sales advanced to 21 may be behind some of 22's muted demand. Mrkts expected to cont' moderating into next year, but at a more comfortable pace, before demand fundamentals take over.
See Full Report Here:

Canadian Home Sales (August 2022): Housing News Flash www.scotiabank.com

Bond yields, which lead fixed mortgage rates, fell to 2.84% on Friday, down from 3.15% on Thursday and well off the 3.59% high reached in mid-June.

Bond yields plunge. What it means for fixed mortgage rates www.canadianmortgagetrends.com

The report found that while the majority (75%) feel confident about eventually securing a mortgage, a large percentage of millennial and Gen Z future see an insufficient down payment or closing funds (46%), their high debt-to-income ratio (45%) and bad or no credit (38%) as barriers to approval

How “generation rent” is approaching home buying in 2022 housingwire.com

Along with increasing new home production and doubling the first-time homebuyer's credit, they've introduced a new way to save and spend up to $40,000 on your first home tax-free called the Tax-Free First Home Savings Account (FHSA).

How you could use the new Tax-Free First Home Savings Account www.scotiabank.com

From March to June 2022, Canadian home buyers had to earn anywhere from $8,660 and $35,760 more, per year, to afford a home depending on their location because of interest rate and stress test increases.

The Canadian Mortgage Stress Test Has Gone Up & Here's What That Means narcity.com

Younger buyers are more likely to feel the impact of rising interest rates as reflected in the 12 per cent year-over-year decrease of respondents who said a rate increase would impact their decision to buy a home

Ontarians feel priced out of their own cities torontosun.com

Festivities include a public swim, a Family Fun Zone, musical acts and fireworks at 10 p.m

Happy Canada Day 🇨🇦🇨🇦

Canada Day: What's happening in eastern Ontario on July 1 ctvnews.ca

Targeting high is the Bank of Canada's top priority, and it's prepared to raise interest rates forcefully if that's what's need

Bank of Canada Prepared to Raise Interest Rates “Forcefully” www.canadianmortgagetrends.com

As home prices continue to climb, homeownership may seem out of reach. But buying a house with a friend in Canada could help you achieve your goal of owning a home. Here's what you should know before investing in real estate together.

Should you buy a house with a friend? www.scotiabank.com

Statistics Canada says that almost one third of all Canadian residential properties are owned by multiple-property owners and that the top 10 wealthiest owners account for around one quarter of the value of the country's residential property

Investors own almost one third of Canada's homes wealthprofessional.ca

Proper wealth management requires having a good handle on your cash flow, a healthy emergency fund and minimal debt – or at least debt at very low interest rates (i.e., not credit card debt)

livesocial.seismic.com

What would a potential interest rate increase mean for your mortgage?

What interest rate hikes mean for your mortgage www.scotiabank.com

Nearly half of Canadians say they are putting off buying a home, a new Scotiabank poll shows. With concerns over the rising cost of housing — particularly in cities — most millennials are feeling discouraged about their homeownership aspirations. See the infographic for more.

Infographic: Aspiring homeowners putting off purchase, heading to suburbs, poll finds www.scotiabank.com

Scotiabank analysts weigh in on how economic indicators and trends are influencing retail, currencies, REITs and equities right now.

Global Market Insights: Balancing food inflation; loonie gains; REITs' respite www.scotiabank.com

The Bank of Canada has hiked interest rates, after holding off in January. In less than 10 minutes, Scotiabank's Chief Economist Jean-François Perrault explains why rates are rising now, how Ukraine factors in and why this hike won't make a dent in inflation — yet. Listen here:

Perspectives podcast: Cycle of interest rate hikes begins www.scotiabank.com

I can help with advice on buying your first home, investing in an income property, or leveraging your home equity to do something great, like a renovation. Contact me today to learn more.

Harkirat
289-828-5645

With the Scotia Total Equity Plan, you only need to qualify once to unlock your home's potential for the future. To learn more, contact me today or visit:

Scotia Total Equity Plan - www.scotiabank.com www.scotiabank.com

Have you heard about Scotiabank's Income Property Lending Program for small businesses? Learn more about the benefits of this program.

Income Property Lending – Finance an income generating property at competitive rates. | Scotiabank Canada - www.scotiabank.com www.scotiabank.com

Creditor insurance is optional insurance that can help provide financial stability to you and your loved ones by paying off your outstanding credit or loan balances or covering those payments, for a period of time, in the event of an unexpected life event

What is creditor insurance and why should you consider it? www.scotiabank.com

Financial planning is an ongoing process and your plan needs to be continually updated to reflect the changes in your life. Here are some key life milestones that should trigger a review and possibly an update to your financial plan.

When should you review your financial plan? www.scotiabank.com

"Supply will be a critical metric to watch heading into the new year – especially knowing that we may see a hotter January and February than usual, as buyers look to lock in a mortgage rate before next year's anticipated increases," says CEO of Zoocasa, Lauren Haw , in Zoocasa's Housing Market Predictions 2022 report

This is what experts say will happen with Toronto's real estate market in 2022 blogto.com

Canadian home sales continued the upward climb they started in September, increasing by 0.6% in November. The increase in sales is backed by strong demand fundamentals, rooted in a strong economic recovery, a labour market that has more than recovered its COVID-19 losses, and an acceleration in immigration. Read the full report here:

Canadian Home Sales (November): Housing News Flash - www.scotiabank.com www.scotiabank.com