Mon - Fri : 9:00 AM to 6:00 PM

529 Wilson Avenue Toronto, ON M3H 1V1

Posted in News

Is Your Home Modern or Contemporary?

Posted by Sherwood Mortgage Group on 16 October 2018
Is Your Home Modern or Contemporary?

A good property description can make all the difference when it comes to the final sale price of your home.

For example, according to Realtor Magazine, describing a luxury home as "modern" or "contemporary" could be a difference of $275,000.

Learn more by visiting magazine.realtor.

Posted in: News  

The Risks Facing Canada's "Other" Housing Markets

Posted by Sherwood Mortgage Group on 15 October 2018
The Risks Facing Canada's "Other" Housing Markets
While much of the conversation in Canadian real estate centres around the twin poles of Toronto and Vancouver, the situation in other Canadian regions look very, very different. With demand already lagging in the Prairies and the Maritimes, Mortgage Broker News' Ephraim Vecina says new measures like the mortgage stress test, as well as rising interest rates, targeted towards the hottest markets could send these weaker markets into a full-blown crash. Read the full article on ww...
Posted in: News  

Canadian Mortgage Debt Rises over $1.5 Trillion in August

Posted by Sherwood Mortgage Group on 12 October 2018
Canadian Mortgage Debt Rises over $1.5 Trillion in August
Household debt in Canada is becoming a growing issue and has crossed a major threshold as of August. According to the Bank of Canada (via Better Dwelling's Daniel Wong), while the growth of mortgage credit is down, Canadians' collective mortgages eclipsed the $1.5 trillion mark in August. This was an increase of $4 billion from July, and over $53 billion over August of last year. To learn more about what this means for the Canadian housing market, visit betterdwelling.com. ...
Posted in: News  

Check Out the Newest Customizable Kitchen Appliances!

Posted by Sherwood Mortgage Group on 11 October 2018
Check Out the Newest Customizable Kitchen Appliances!
Looking for kitchen reno ideas? Fisher and Paykel's new line of integrated column refrigerators and freezers offer unlimited ways to customize your food storage, from modular cabinets, to variable temperature zones. Plus, they offer a seamless installation into your kitchen with only a 1/8th inch gap between the sides and your cabinets. House & Homes' kitchen experts break down all the neat features of these amazing new fridges and freezers in this video. Need extra fi...
Posted in: News  

Giving Your Child a Mortgage Vs. A Down Payment

Posted by Sherwood Mortgage Group on 10 October 2018
Giving Your Child a Mortgage Vs. A Down Payment
It's a challenge many those preparing for retirement face: "Should I help my kids buy a house?" For many millennials, their parents' financial situation has a greater impact on their home ownership dreams than their own. However, Whittier Trust's Timothy K. McCarthy has a novel solution for families in this situation. Instead of giving your children tens of thousands of dollars, loan them money to buy a house at a generous interest rate, essentially gifting them a m...
Posted in: News