Michael Antczak | Real Estate Sales Representative Serving Vaughan, Kleinburg | RE/MAX Premier Inc., Brokerage | Real Estate Mike for All Your Real Estate Needs

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U.S. Fed closing the door on low-rate mortgages in Canada

6/15/2017 | Posted in Mortgage Interest Rates by Michael Antczak

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The U.S. Federal Reserve raised its trend-setting interest rate on Wednesday for the third time in six months to the highest level since the global financial crisis hit in the ... More


Homebuyers who get family help report feeling less comfortable with their debt levels

6/7/2017 | Posted in Home Buyers by Michael Antczak

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Even after getting family help to make a down payment on a home, first-time buyers still worry about their financial situation, according to a new survey from ... More


1 in 4 homebuyers had issues after purchase: Allstate

5/30/2017 | Posted in Home Buyers by Michael Antczak

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Costly repairs could be awaiting homebuyers as a new survey shows that owners may be missing some important factors when renovating or carrying out maintenance.

... More


Income volatility for 10 million Canadians: TD Bank Report

5/18/2017 | Posted in Financial Health by Michael Antczak

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Around 10 million Canadians say they have experienced moderate to high levels of income volatility in the past year.

... More


Mortgage rates continue to defy expectations as Trump runup fizzles

4/28/2017 | Posted in Mortgage Interest Rates by Michael Antczak

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Here’s the least surprising news you’ll hear all day: Interest rates are not doing what most experts predicted.

... More


More People Are Buying Toronto Real Estate That Shouldn't, And Half Are At Risk of Defaulting

4/27/2017 | Posted in Toronto Real Estate by Michael Antczak

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Toronto real estate buyers scrambling to get in the market are increasingly taking out high-ratio mortgages, with far too little income.

... More


Activity in Canada's largest urban centres encouraging local buyers to relocate to surrounding markets : Re/Max

4/25/2017 | Posted in Real Estate Market by Michael Antczak

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"Move-over" buyers from Toronto and Vancouver turning to surrounding areas to find a balance of affordability, square footage, and access to ... More


Buyer's remorse: Most millennial homeowners are house poor and want to sell

4/24/2017 | Posted in Home Buyers by Michael Antczak

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Many millennials face the understandable apprehension that they may never be able to afford a home in a market that’s continually surging to new heights.

... More


Single Canadians make up a quarter of homebuyers

4/13/2017 | Posted in Home Buyers by Michael Antczak

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Almost 1 in 4 homebuyers is buying on their own, often due to unexpected life changes. A new survey from TD found that 69 per cent of divorced and 35 per cent of widowed ... More


Bank of Canada maintains overnight rate target at 1/2 per cent

4/12/2017 | Posted in Mortgage Interest Rates by Michael Antczak

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The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the ... More


Cool Toronto's market by cutting tax - not raising it

4/12/2017 | Posted in Toronto Real Estate by Michael Antczak

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Jack Mintz: If Premier Kathleen Wynne wants to score a big win with home-buying voters, why not get rid of the land-transfer tax altogether?

... More


Many Toronto homebuyers skipping inspections

4/4/2017 | Posted in Toronto Real Estate by Michael Antczak

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In Toronto, some homebuyers are so desperate to win bidding wars they're rushing to make offers without even getting an inspection. The average price for a detached home ... More


Regulator launches broker database

4/4/2017 | Posted in Home Buyers by Michael Antczak

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Homebuyers can now view their potential broker’s regulatory record in a now online portal, which allows consumers to search broker and company names to view disciplinary ... More


Sousa promises measures to cool Ontario's overheated housing market

3/28/2017 | Posted in Ontario Real Estate by Michael Antczak

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Attention hard-pressed homebuyers: Finance Minister Charles Sousa is promising help in his spring budget to make houses and condos more affordable.

... More


Mortgage premium hikes reduce case for borrowing to boost down payment

3/20/2017 | Posted in Mortgages and Real Estate by Michael Antczak

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With mortgage insurance premiums rising, homebuyers whose down payments are just shy of 20 per cent may be considering whether to tap extra sources of credit in order to avoid ... More


'Marginal' home buyers setting market value in Toronto

3/20/2017 | Posted in Toronto Real Estate by Michael Antczak

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The most frustrated people in the Toronto area’s real estate market right now are clearly the buyers. But right behind them are many seasoned agents.

... More


What to expect after the U.S. Fed rate hike

3/17/2017 | Posted in Mortgage Interest Rates by Michael Antczak

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The possible impacts of the U.S. Federal Reserve’s decision on March 15 (Wednesday) to raise its key interest rate from 0.75 per cent to 1 per cent should not be ... More


US Federal Reserve hikes key interest rate to twice that of Canada's

3/15/2017 | Posted in Mortgage Interest Rates by Michael Antczak

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The Federal Reserve has raised its benchmark interest rate for the second time in three months and signalled that any further hikes this year will be gradual. Higher rates ... More


Impact of U.S. Fed rate hike - Warning

3/14/2017 | Posted in Mortgage Interest Rates by Michael Antczak

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Locking in a rate before mortgages become more expensive is the best choice at present, as recent developments have pointed at a possible U.S. Federal Reserve rate hike in ... More


Millennials are buying homes but many have parental help: survey

3/3/2017 | Posted in Home Buyers by Michael Antczak

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While slightly more than a third of Canadian millennials now own a home, nearly two-fifths of them had help from parents to get into the housing market, says a new global study ... More


GTA house price 'spillover' driving up prices as far away as Sudbury, Ottawa: CMHC

1/29/2017 | Posted in Ontario Real Estate by Michael Antczak

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CMHC data shows sky-high prices in the Greater Toronto Area are pushing homebuyers further afield. Spillover from the red-hot GTA real estate market is driving demand and ... More


Top 2017 design trends

1/20/2017 | Posted in Industry Trends by Michael Antczak

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According to the Interior Design Show, the following will be the top 10 design trends for 2017 inspiring the direction of design for the year to come.

... More


Toronto condo buyers feeling the squeeze

1/20/2017 | Posted in GTA Real Estate by Michael Antczak

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One of the big surprises of the resale market in 2016 in the Greater Toronto Area was the strength of the condo segment. The shortage of listings in the single-family home ... More


Mortgage insurance premiums hiked once again

1/17/2017 | Posted in Mortgages and Real Estate by Michael Antczak

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CMHC announced early Tuesday it is increasing its loan insurance premiums effective March 17.

... More


More Torontonians want hard-to-find detached homes: Study

12/28/2016 | Posted in Ontario Real Estate by Michael Antczak

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A study by the Ontario Real Estate Association finds more Torontonians are eyeing detached homes, even though those properties are the hardest to find. 

... More


Lend first-time buyers cash to buy houses, Ontario realtor chief says

12/24/2016 | Posted in Ontario Real Estate by Michael Antczak

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The head of a realtor group in Canada’s largest province said he’d support a program that would lend first-time buyers cash to buy houses and get them out of their ... More


Home buyers optimistic about GTA real estate market, research finds

12/19/2016 | Posted in GTA Real Estate by Michael Antczak

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High prices and tighter lending conditions aren’t dampening consumers’ optimism and enthusiasm for real estate in the Toronto region, where half of homebuyers still ... More


Bank of Canada maintains overnight rate target at 1/2 per cent

12/7/2016 | Posted in Mortgage News by Michael Antczak

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The Bank of Canada is holding its benchmark interest rate at 0.5 per cent as economic conditions move along largely in line with its expectations.

... More


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