Fact and Fiction about Payment Holidays
With everything going on in the world today, it would be nice to believe that the banks and governments would […]
Terry Kilakos, Montreal’s Elite Mortgage Broker
With mortgages being more complicated than ever, Terry Kilakos simplifies the process for mortgages big & small Ever wonder how […]
The Real Estate Show: Conservative MP Tom Kmiec denounces mortgage “gimmicks”
This year’s federal budget had some big-ticket items for real estate and, most importantly, some incentives for first-time homebuyers. But […]
Terry Kilakos: CMHC changes will harm, not help, the real estate market
A new program the federal government has announced to subsidize first-time homebuyers isn’t likely to help the market but more […]
Feds offer new incentives for new home buyers
In this year’s budget, the federal government announced a program for first-time homebuyers that would offer between 5% and 10% […]
Interest rate cut more likely than hike in 2019
When the Bank of Canada decided last week to keep its benchmark interest rates stable at 1.75%, it signaled the […]
Montrealers, be prepared: You may pay more municipal taxes than you think
As its municipal government raised property tax rates in their latest budget, the City of Montreal is set to receive […]
Mortgage growth hits low as banks ask for stress-test relief
Read analysis from North East Mortgages president Terry Kilakos on mortgage rule changes that went into effect in October 2018 […]
The Dawn of a New Real Estate Market
We are at the dawn of a new market in real estate. What we once knew to be true has […]
OSFI Dropped the Hammer on the Mortgage Market
OSFI dropped the hammer on the mortgage market this week. The changes to its mortgage underwriting standards were revealed and they […]