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What to Do with Your Low Interest Rate

If you scored one of the historically low interest rates on a mortgage from 2020-2022, you probably feel like you should hold onto it. Many homeowners are in the same situation and feel like they can’t upgrade their home and move because their interest rate is too good to let go. But you don’t have to give up your low interest rate to get into a new home! In fact, you can play this scenario out...

Feds announce $113 million to fast-track housing units in Mississauga | insauga

The Canadian federal government is investing nearly $113 million to expedite the construction of over 3,000 housing units in Mississauga within three years. The funding, part of the Housing Accelerator Fund, aims to support infrastructure growth, affordable housing, and transit improvements. The plan includes incentives for affordable rental housing and infrastructure investment. This is the largest...

Mississauga gets $113M in funding from feds for housing

The federal government has confirmed funding of nearly $113 million for the City of Mississauga to fast-track the construction of over 3,000 housing units. The funding comes from the Housing Accelerator Fund, which aims to incentivize municipalities to update their zoning and permit systems. Mississauga will use the funding to support affordable housing, accelerate approval processes, review land for...

GTA Market: Early-Q4 Homebuyer Cautiousness & Steady Trend

Tightening affordability caused a slowdown in GTA homebuyer activity. Toronto sales ↓ 5.8% yearly, but ↑ 0.1% MoM -Sales ↑ 25% Mississauga, ↑ 6%** Milton & ↑ 8.9%York Region Prices ↓ 10% in Oakville, Halton Hills, and Brampton -Prices ↓ 7.4% in Burlington, offering buyers more affordable options...

Helping build more homes, faster in Mississauga

The Government of Canada and the City of Mississauga have reached an agreement to fast track the construction of over 3,000 housing units in the next three years. This is part of the Housing Accelerator Fund (HAF) initiative, which aims to eliminate barriers to building affordable housing. The HAF will provide nearly $113 million to support programs for affordable housing, streamline the creation of...

Predicting GTA’s 2024 Real Estate Scene

GTA's housing market faces uncertain prospects amid ceased interest rate hikes and continued price surges. Despite predictions of a market crash, high rates maintain soaring prices in the GTA. Demand persists, but unaffordability prevails due to high rates hindering potential buyers....

Challenges for GTA Suburban Buyers

GTA suburban home prices surged during the pandemic but have recently sharply declined. Falling prices affect buyers as appraisals fall short, and mortgage qualifications become stricter. Buyers struggle to secure financing as closing dates near....

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