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CMHC’s new, strict lending measures will trigger a surge in home purchase volume

CMHC’s new, strict lending measures will trigger a surge in home purchase volume as potential home buyers rush to the mortgage market before July 1, when these policies take effect.

CMHC’s new measures, which include at least one applicant having a minimum credit score of 680 and a maximum debt service ratio of 44 and gross debt service ratio of 35, mean that prospective home buyers who don’t meet the new requirements have a tight deadline to meet.

Call Mike Bolger at (519) 616-2656 if you're in the market to find a home. I'll do my best to find you the ideal home quickly and make your real estate experience stress-free.

https://yhoo.it/2BV21Kp

#cmhc#realestatetrends#realestatenews#news


News Story Wednesday, May 27, 2020

The Washington Post did a study that revealed 65 percent of buyers, specifically millennials, were willing to spend more on homes that are e

As a selling strategy, it's essential to understand the concepts of upgrading your home with smart devices. Buyers want those cool smart gadgets and upgrades that stay with the house after you sell it. When selling your home, make sure your property stands out from the competition—investing in some smart home devices that could get you more value for your home. NetSmartFx has teamed up with me to provide a Smart Home Staging Kits. This kit is cost-effective and easily converts your home into a certified Smart Home. Call Mike Bolger at (519) 616-2656 to learn more.
CLICK HERE

#smarthomes#smartgadgets#realestatetrends


An interesting article published by CTV News about three real estate trends emerging from the coronavirus pandemic.

1. People getting married are putting the money towards their first house instead of a large celebration
2. People are investing their money into their back yard or renovations.
3. People are investing their money into real estate, land, and cottages.
If you're thinking of investing in real estate, I know of some great opportunities. Contact Mike Bolger at (519) 616-2656 for the scoop. What do you think about these trends? Leave your thoughts below.

https://bit.ly/2XqMeKG

#realestatetrends#realestatenews#news





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