Uncategorized - MOCEEREALTOR

6 Tips to Improve Your Credit Score Before Your First Home Mortgage

Improving your credit score before applying for a mortgage can save you thousands in interest. Key steps include correcting errors on your credit report, reducing and consolidating credit card balances, keeping credit utilization below 30%,...

Refinancing a Mortgage Loan: Your Complete Guide

Refinancing replaces your current mortgage with a new loan to secure better terms, lower rates, adjust loan length, access equity, or remove PMI. Options include rate-and-term, cash-out, cash-in, no-closing-cost, streamline, short refinance, reverse mortgage, and...

Toronto’s Housing Affordability: Opportunities Amid Price Changes

Toronto's housing remains highly unaffordable despite recent price declines. A median-income family must save over 42 months of income for a downpayment and dedicate more than 110% of income to mortgage payments, making ownership impossible...

January 8, 2026

Slow Toronto Housing Recovery Fuels Cautious Buyers

Toronto home prices fell 7.2% year-over-year, yet first-time buyers remain hesitant. Condo market struggles continue, with buyers facing losses and uncertainty at closing. Average payments remain high despite rate cuts, stressing $60k–$90k earners. Economic volatility...

January 7, 2026

Durham Prices Dropped: Is It a Buyer’s Market?

Avg. price: $840,833 in Nov. 2025, ↓1.3% MoM, ↓7% YoY Detached avg: $934,485, ↓1.8% MoM, ↓7.6% YoY Sales: 622 homes, ↓15.8% YoY; active listings: 2,154, ↑18.5% YoY All property types saw price drops MoM and...

Three things to know about getting a mortgage if you’re self-employed

Self-employed homebuyers can secure loans but must provide more documentation, such as two years of tax returns, profit and loss statements, and IRS Form 4506-T. Maintaining a good credit score and separating business from personal...

January 5, 2026

Could This Dip Be Toronto’s Homebuying Opportunity?

November sales ↓ 15.8% YoY to 5,010 units Avg. price still > $1M, but ↓ 6.4% YoY New listings ↓ 4%, active inventory ↑ 16.8% Condo sales ↓ 21.7% across GTA; all property types down...

Toronto Housing Market Outlook 2026

In November 2025, Toronto home prices fell 5.8% year-over-year to an average of $951,700, with single-family homes at $1,162,500, townhouses at $696,300, and condos at $558,500, all showing declines. Sales dropped 15.8% YoY, new listings...

Toronto Homebuyers Gain More Opportunities in 2025 Market

Toronto experienced the largest home price decline among major Canadian cities in 2025, with a 5% drop year-over-year. Nationally, the housing market saw its first annual price decline since mid-2023, falling 1%, with condos dropping...

January 2, 2026

Toronto Condo Sales Tank, but Is This Opportunity?

Slide 1 – Hook “Toronto condo buyers paused in November—and the numbers quietly show why.” Slide 2 – What Changed “Condo sales dropped 22%, with prices slipping to about $663K GTA-wide.” Slide 3 – Hidden...