LIFT Lending Group

01/12/2022

Speculative investing in residential real estate has become an important concern, prompting Canadians to overbid on properties

12/16/2019

The minister of finance received a list of priorities from the new government, and they included the mortgage stress test and a speculation tax

02/15/2019

It's Family Day weekend! Check out some of these fun things to do in Toronto this weekend. Enjoy!

Find Family Day 2018 activities for you and your crew. Toronto is brimming with them.

01/16/2019

I pride myself on providing the best service to all of my clients, and there is nothing better than hearing they are satisfied.

01/09/2019

Bank of Canada keeps interest rate at 1.75%.

"The appropriate pace of rate increases will depend on how the outlook evolves, with a particular focus on developments in oil markets, the Canadian housing market, and global trade policy."

See press release for more info. Next interest rate announcement scheduled for March 6, 2019.

https://www.bankofcanada.ca/2019/01/fad-press-release-2019-01-09/

01/01/2019

All the best for 2019!

12/25/2018

Wishing you all a very Merry Christmas! Hope you have a wonderful day with loved ones.

12/03/2018

Did you know that banks/lenders tend to give higher rates to borrowers who are renewing than to new customers? Might seem surprising to some, but that’s because most people don’t do comparison shopping and just take what the lender is offering, and that’s one of the ways that lenders maximize profits.

Give me a call and I can help find you the best rate. Check out this article for more information on why now more than ever is the time to switch lenders at renewal.

Some advice on what to do if you can’t afford a mortgage rate hike.

11/14/2018

Have you budgeted for Land Transfer Taxes? They are by far the biggest and most unexpected closing cost you’ll have when purchasing a home. Click on this link to calculate what your Land Transfer Tax would be. http://www.trebhome.com/buying/ltt_calculator/ltt_calculator.htm

11/13/2018

This article explains how you can get into the real estate market with as little as 5% down, AND in most cases qualify for a better rate than someone who is putting 20% down. If you have any questions, please feel free to reach out.

Ted Rechtshaffen: The government has effectively decided to support home buyers who do not necessarily have the funds to buy a house