mortgage rates

US Housing Market Crash 2021

US Housing Market Crash 2021

Housing Market Crash In a game of Jenga, everything seems fine until the last piece is pulled.  On Tuesday, November 3, 2020, the last piece will be pulled. There hasn’t been any shortage of crash predictions for many years now.  Traditionally, bull cycles end. And this 12 year run is…
Mortgage Refinancing – Lowest Rates in History

Mortgage Refinancing – Lowest Rates in History

Mortgage Refinancing Boom? Government’s are lowering interest rates to ride out the pandemic period and homeowners are very eager to refinance their mortgages, and buy homes or real estate during the record low period. Mortgage brokers and banks are competing by dropping mortgage rates to capture new clients and new…
US Housing Market Recovery Underway

US Housing Market Recovery Underway

Is the Housing Market Recovering? The housing market in 2020 took at sharp hit when the Covid 19 disease came ashore in the US.  But this steep drop had to be followed by a sharp uptick at some point and it looks like it’s in full swing now. So what…
Toronto Real Estate Forecast Part 2

Toronto Real Estate Forecast Part 2

  Why Are There So Few Toronto Homes for Sale? The shortage of houses for sale is a topic has been discussed well on this housing blog for many years now.  Not enough pressure has been put on government to promote housing market health. Instead, political ideologies have suppressed the…
Are Housing Prices Heading Down?

Are Housing Prices Heading Down?

Housing Prices Dropping Nationwide Everyone knows home prices and condo prices are falling right now, but no one is reporting data on the rapid decline. One recent unofficial report was a 10% decline recently, but that’s before the state of emergency. The Corona Virus Pandemic was sudden and it’s beginning…