Niraj Thakor Mortgage Advisor

06/02/2023

Fixed rates are up , variable may go up and house prices are up again .... head scratcher

The spring surge in Toronto house prices accelerated again in May, providing another sign of persistent inflation in parts of the Canadian economy before a central bank rate decision next week.

05/19/2023

Steep increases in home prices and mortgage rates have set buyers on divergent financial trajectories—even when they bought only a year or two apart.

05/19/2023

Then maxed cards and credit line will pose another risk on credit scores which in turn may affect mortgage approvals in few months

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world

05/18/2023

Tale of two distinct markets

U.S. existing home sales, which make up most of the housing market, fell 3.4% in April from the prior month to a seasonally adjusted annual rate of 4.28 million.

05/16/2023

Let's see if this leads to lower prices for home improvement items in Canada

Demand for home-improvement goods, which was elevated throughout the pandemic, is softening as shoppers spend more on services.

04/07/2023

Montgomery, Alabama, ranks as the worst city for growth in home value since 1998.

04/03/2023

After falling since last summer, home prices suddenly turned higher due to lower mortgage rates.

02/07/2023

Knowing what homeowners regret with their big purchase can help you steer clear of the same mistake.