articles mortgage-applications-fell-another-3-1-last-week 
Housing Wire
DECEMBER 9, 2023
The most underreported housing story I’ve seen this year is that even with mortgage rates rising to 8%, the number of homes that took price cuts before they sold was 4% below 2022 levels. This happened even with higher home prices and higher mortgage rates in 2023. Now lets take a look at the weekly inventory data.
Housing Wire
MARCH 26, 2023
The financial and housing markets are still trying to sort out the banking crisis and whether we have seen the last Fed rate hike in this cycle. These events led to lower mortgage rates and increased purchase application data last week, but decreased housing inventory.
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Housing Wire
JULY 2, 2023
Housing inventory finally broke under 2022 levels last week. To give you an idea how different this year is from last year, last week in 2022, active listings grew 30,940 while this year they only grew 5,848. However, I need to put some context into what happened in 2022.
Toronto Realty Blog
MARCH 4, 2024
He and his teammate celebrated their 1-2 finish together in the next lane. By rule, a swimmer can’t “interfere with another swimmer” in a different lane, and although both of these swimmers had finished their races (gold and silver medals, respectively). 3) Reducing the mortgage stress test from 2.0%
Toronto Realty Blog
JUNE 8, 2022
Let’s start today’s blog post with another quote. This past week, the Canadian Mortgage & Housing Corporation announced that it was placing a ceiling of 8% on any gain or profit on a property purchased through the “First Time Home Buyer Incentive Program,” but also an 8% cap on any losses.
Toronto Realty Blog
JANUARY 18, 2023
A colleague of mine emailed me this essay last week. Last week, I offered my opinion on the new vacant home tax here in Toronto, but this is much, much better. If an owner fails to file, the property will be deemed vacant and a tax will be imposed at 1% per year of the property’s MPAC value. I was blown away.
Marco Santarelli
AUGUST 5, 2020
Low mortgage rates, population growth, and an increase in buyer interest are further driving the demand for available housing. Record low mortgage rates are providing opportunities for buyers to lock-in low monthly mortgage payments for future years. nationwide for the week ending July 25, posting a 2.7 and 148.8.
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