Mortgage Works-Rose and Joe Baldin

04/28/2022

As interest rates climb, variable mortgage rate holders may start to panic. Here’s why you should avoid the temptation of going fixed right now.

03/31/2021

Canadian real estate markets are getting riskier, says the country’s national housing agency. The Canada Mortgage and Housing Corporate (CMHC) released its quarterly risk assessment for March. The agency now believes two-thirds of the country’s largest markets show elevated risks. Five of those ...

02/21/2021

Good Morning! Canada’s housing market has been on fire during the pandemic, fuelled by a build-up of cash, demand for larger living spaces and, perhaps most significantly, low, low mortgage rates. A study this week by Statistics Canada found that mortgage lending hit a record high in the first hal...

09/25/2020

Buyers and sellers came running to Canada's housing market back this summer and quickly made up earlier declines, says RBC Senior Economist Robert Hogue.

09/03/2020

As condo listings ramp up, consumers showed a preference for detached, semi-detached and town homes.

08/09/2020

Despite the COVID-19 pandemic, Canada's housing market continues to show signs of strength. Will Dunning, chief economist at Mortgage Professionals Canada gives his outlook for the sector and how consumers are viewing the current housing market.

06/05/2020

CMHC getting ready to change mortgage guidelines on July 1st which will impact borrowing capability .If you are actively looking for a home please call us for details

Obtaining mortgage insurance for a home purchase is about to become more challenging on July 1, particularly for first-time buyers.

05/22/2020

Great news..rate used for stress test has dropped to 4.94 providing just a little more borrowing power

Effective Monday, it’ll be slightly easier to qualify for a mortgage! The qualifying rate is used in stress tests for both insured and uninsured mortgages, and a lower rate means it is easier for borrowers to qualify. For the first time since January 2018, when stress testing began, the mortgage qualifying rate is under 5%. Get in touch to see how much you qualify for!

04/30/2020

Short and long term forecasts for Toronto real estate

New data from TD Bank suggests home prices in Toronto may increase by nearly 8% in the remainder of 2020 compared to a 4.1% increase in 2019.

04/28/2020

So excited to welcome Lawrence to our team..welcome aboard!!

We are so excited to announce that Lawrence Baldin has joined Mortgage Works and the Invis MI family.

We just love welcoming our brokers’ children into the business. Rose and Joe Baldin are a well-known high performance team and we couldn’t be more excited for them that their son will now be part of their brokerage’s success.

Lawrence though has already proven himself in a big way as he joins us after achieving top performance status as a Mortgage Specialist with one of the major banks. Congratulations Lawrence on your success, we’re so happy for you and the entire Baldin Family!

Hmmm so who do you think Lawrence looks like, Rose or Joe?

04/21/2020

If you need some help to determine what you qualify for to help get you through the pandemic here is a comprehensive guide based on each province..stay safe!!

Canadian governments have set up various new benefits for those affected by the COVID-19 pandemic. CTVNews.ca explains which benefits are available in each province and territory.