17 Jan

Record Breaking Real Estate Numbers….

General

Posted by: Jim Graszat

  December Home Sales Top Off Record Year. Housing Affordability Erodes Further With Record-Low Supply Housing affordability remains a huge political issue and with the Department of Finance working on the upcoming budget, no doubt measures to reduce home prices will be front and center. What we desperately need is dramatic increases in new housing […]

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16 Jan

Fixed or Variable Rate Mortgage

General

Posted by: Jim Graszat

One of the biggest decisions you need to make when you get a new mortgage is whether you want the interest rate to be fixed or variable.  The answer depends a bit upon your financial situation and your disposition. Fixed rate mortgages give some people more peace of mind.  You lock in your rate for […]

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11 Jan

What is Land Transfer Tax

General

Posted by: Jim Graszat

Land Transfer Tax (LTT) is a provincial tax charged in Ontario when someone buys a home or condo.  In Toronto, there is also a municipal tax, but outside that area, there is one LTT charged by the province.  Buyers of houses and condos in Ontario pay land transfer tax when they purchase a property, at the […]

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11 Jan

The Journey from Dentist to Mortgage Broker

General

Posted by: Jim Graszat

It may not seem like an obvious career change, but during the pandemic I started to do some soul searching.  With my office shut down for 3 months, I looked for learning opportunities that might interest me.  I completed both the real estate and mortgage agents courses, in order to get a feel for what […]

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