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North Whitby's Taunton neighbourhood is Located north of Taunton Road and from Cochrane Street in the west to the Oshawa border to the east with easy access to the 407. This area features a wide range of home types and styles conveniently located close  to major shopping centres, Schools , Recreation Centres and restaurants.

  

#WhitbyRealEstate This Weeks Hot New Listings in #TauntonNorth district close to 407

 view link to see Hot New Whitby listings

 

 

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Research Neighbourhoods using our Mapping Tools 

 

 

Hi my name is Jim Stanton and I am a Real Estate Broker  with Sutton Group - Heritage Realty Inc. Brokerage. Welcome to my blog.  I wanted to provide you with some tips on how many of my clients have found my websites helpful in beginning their search for not just a home, but the perfect neighbourhood for them to call home. 


Many of my clients have told me they used my web site  to research areas they were considering. They really liked using the mapping and ariel view feature. They found this feature benificial in researching areas when choosing a neighbourhood. Clients found the  walk scores showing locations for schools, shopping, medical facilities, restaurants and recreational facilities  easy and helpful to use.  


When you sign up on our  website BungalowDen.com or JimStantonRealtor.com  we wiil send you an activation link  to activate your free access membership. This gives you   unlimited access to all MLS listings and photos along with many features: I invite you to visit our web sites if your thinking about making a move. 

 

For all your Real Estate and Mortgage needs, Call Jim Stanton and Associates Today! We are ready to go to work for you! 


#DurhamRealEstate #BungalowDen.com #JimStantonRealtor.com #DurhamRegionBungalows






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As announced Friday, Ottawa has unveiled plans to introduce a deductible into Canada's taxpayer-backed mortgage insurance system, a move that could force the country's financial institutions to shoulder more of the risks of high ratio insured deals!

This could further cripple the Mono-lines that Mortgage Brokers use for approx. 75% of their first mortgage fundings. Many of these lenders sell off their funded deals to secondary buyers. These buyers may not be so receptive to buying mortgage portfolios where they may have to realize a loss (albeit small), but nonetheless a loss!

Will these lenders go elsewhere for more secure investments? Or will the Mono-lines have to increase their interest rates so as to offset the risk factor?


#RealEstate #MortgageInfo  #!st-TimeBuyer #MortgageQualifying #MortgageStressTest
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The Feds have been dreaming up ways  for quite some time to slow down the Hot Housing Market in the GTA and Vancouver.  Well Bill Morneau our finance minister is going to anounce new measures today that will impact Canadians  qualifying for a Mortgage. This will make it more difficult for 1st-time buyers and young families in my humble opinon. Changes are definetly required to slow down price growth  but I believe there are better ways to acomplish this.  If you were considering refinancing your home - time is of the essence as these changes are effective as of Oct. 17th 2016. 

If you have any questions don't hesitate to call me! 

Candadianmortgagetrends.ca
Oct. 3, 2016 Robert Mclister 

 

New Department of Finance (DoF) rules will hit the mortgage market hard, but consumers will take the brunt of the blow. The two big changes: 1) The qualification rate will now apply to all insured mortgages (even high- and low-LTV 5-year fixed terms, which is not the case today), effective Oct. 17. 2) Regulators are banning a wide array of mortgages from being insured, effective Nov. 30. read more.......


Mortgage Broker News

Justin da Rosa 03 Oct 2016

Finance Minister Bill Morneau announced three new housing measures aimed at protecting the nation’s housing industry.
Those preventative measures are;
  • Standardizing lending criteria for high- and low-ratio mortgages, including a mortgage stress test
  • Closing tax loopholes for capital gains exemptions on principal residence sales
  • Consulting with industry stakeholders to ensure risk is properly distributed. This may include lender risk sharing, Morneau told reporters
“Canadians have told us they are concerned about growing household debt and rapidly rising house prices in some of our biggest cities, particularly in markets like Toronto and Vancouver. These concerns have grown over many years, and there are no quick fixes,” Minister of Finance Bill Morneau said. “The federal government plays an important role in ensuring that housing markets are stable and function efficiently.

“My colleagues and I are committed to continuing to work with provinces and municipalities to address the concerns of middle class families, and to ensure Canada’s housing markets and financial system remain strong, stable and resilient well into the future.”

During a press conference to announce the changes, Morneau reiterated numerous times that he believes the housing market is stable.


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I  received a notice in my mail box this morning from Councillor Steve Yamada to notify residents in Fallingbrook effected by the Minto Developement proposed for the Turk farm located on the North West corner of Rossland and Anderson.   I would like to thank Steve for dropping the note off and I only wish the Developer  would have given more notice for this open house meeting . 4 days notice before Thanksgiving long weekend is a Joke! 

 

Please pass this information to all your neighbours if you read this notice. 

Thank you 

 

 

 

#MyFallingbrook #WhitbyRealEstate #PringleCreek #RollingAcres

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