How Your Credit Score Affects How Much House You'll Be Able To Buy... Your credit score is now the most important factor in determining how much house you can buy, so if you are in the market for a new home, you need to understand how it affects you. In order to make it easy for mortgage companies to determine the risk of lending to you, they are using a system called credit scoring (also called "FICO" scores). When lenders look at your credit report, they can instantly... [read more]

The market is shifting with the influx of listings across Greater Toronto Area. Buyers have more options due to the increased inventory. Multiple offers are no longer the norm. So far in June, the increase in new listings is more of a swell than the surge that it was in May. It's inevitable, listings arrive on the market because people have to move for all of the usual reasons: new children arrive, jobs shift, couples get married or divorced. The fall market could be similar to that of... [read more]