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Rashida's Corner

Thursday Sep 15th, 2016

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      Well it's been an amazingly hot summer for the weather as well as the Toronto real estate market.  Not only did we set temperature records in the number of days above 30 degrees but the Toronto Real Estate Board continued to set records with the number of sales taking place as well as the average hone price which continues to increase, and now sits at $717,530, 15% over December's $622,120 average price.   August's record... [read more]

You're Invited to the Scarborough Women of Philanthropy Council's Sip, Shop & Celebrate Women

Tuesday Nov 8th, 2016

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    I just confirmed that I will be a proud Sponsor@ Scarborough Women in Philanthropy Council's 'Sip, Shop & Celebrate Women' event on the evening of November 17th. I am also proud to be a sponsor of the Children’s Miracle Network and Canadian Breast Cancer Foundation. Contributions to The Hospital for Sick Kids and to the Ontario`s chapter of the Primary Prevention Research program are made on each listing and sale. I am committed to giving back to... [read more]

OSFI Unveils New Stress-Test Rules

Wednesday Oct 25th, 2017

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Canada’s banking regulator today unveiled the final changes to its mortgage underwriting standards—Guideline B-20—that will further tighten lending standards and affect borrowers and lenders alike. The most wide-reaching change announced by the Office of the Superintendent of Financial Institutions (OSFI) is the establishment of a new minimum qualifying rate, or “stress test,” for borrowers making a down payment of more than 20% of the home’s... [read more]

SEVEN SAFETY TIPS FOR YOUR NEW HOME

Sunday Dec 10th, 2017

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SEVEN SAFETY TIPS FOR YOUR NEW HOME   When you first move into your new home it is a good idea to take care of a few small things that can make a big difference when it counts.   1.    Change the locks on all your exterior doors.  Unless your house is brand new you never know how many strangers may have a key to your front door.   2.    Replace the batteries in all the smoke detectors in the house.  Record the date in your... [read more]

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