Lotus Income

Good news for Toronto homeowners: of the 30 suburbs tracked by TRREB, 10 showed detached home prices up by over 20% last month compared to Sept. 2019.

Detached home prices just rose over 20% in 10 Toronto suburbs September was another banner month for the Toronto region’s housing market and no property type was hotter than detached homes in the suburban areas surrounding the city.

Several bank analysts say mortgage rates will go even lower, because of (1) competition among lenders, (2) seasonal factors, and (3) the pandemic’s impact on the economy.

Canadian mortgage rates are the lowest in history. Can they go any lower? Not by much, but yes, several analysts say

Average prices of homes in Ottawa continuing to rise. Granted, Ottawa's population is peerless when it comes to permanent jobs and pensioners.

Ottawa's real estate market remains red hot despite COVID-19 pandemic | CBC News Ottawa's real estate market remains red hot despite economic uncertainty caused by the COVID-19 pandemic.

Most people who come to us for reverse mortgages simply wish to pay out their existing mortgage(s) so they no longer have to make payments every month, and can free up their monthly budget.

As deferral programs end, a reverse mortgage can help As government assistance and lender deferral programs come to a close, borrowers are looking for solutions

Sudbury has very robust seller’s market conditions despite COVID-19, and considerably more robust than pre-COVID in last June 2019 -

Home sales rise in city despite virus Despite the pandemic, Sudbury is a seller’s market, according to brokerage firm Zoocasa.Citing Canadian Real Estate Association statistics, Zoocasa said both the average price of a home in Su…