Welcome to Sunlite Mortgage
Solita Hernandez Takacs

Solita Hernandez Takacs Mortgage Agent Level 1

(877) 385-6267 Ext. 139

(416) 835-0348

Mortgage News

Date Source Article Name
Canada real estate: Cottage market expected to bounce back in 2024, says Royal LePage Canada real estate: Cottage market expected to bounce back in 2024, says Royal LePage
Economists predict June rate cut as inflation continues to ease Economists predict June rate cut as inflation continues to ease
Unexpected inflation drop won‍‍`t hasten Bank of Canada‍‍`s rate cut plans, economists say Unexpected inflation drop won‍‍`t hasten Bank of Canada‍‍`s rate cut plans, economists say
Mortgage interest costs now up over 80% since the start of the BoC’s rate hikes Mortgage interest costs now up over 80% since the start of the BoC’s rate hikes
Recent rate hikes continue to slow housing activity in Canada’s largest cities Recent rate hikes continue to slow housing activity in Canada’s largest cities
Bank of Canada offers a reprieve for mortgage borrowers, but leaves door open to more hikes Bank of Canada offers a reprieve for mortgage borrowers, but leaves door open to more hikes
Live updates: Bank of Canada holds key interest rate steady at 5% Live updates: Bank of Canada holds key interest rate steady at 5%
Bank of Canada decision: Rate hold expected, but debate over future hikes persists Bank of Canada decision: Rate hold expected, but debate over future hikes persists
Fixed rates back as top mortgage product of choice: National Bank Fixed rates back as top mortgage product of choice: National Bank
More education needed on mortgage rates, survey shows More education needed on mortgage rates, survey shows
Fixed mortgage rates surge again, pushing rates under 5% to the brink Fixed mortgage rates surge again, pushing rates under 5% to the brink
OSFI Urges Action On Canadian Mortgage Extensions Before It Becomes “Unmanageable OSFI Urges Action On Canadian Mortgage Extensions Before It Becomes “Unmanageable
A generation without a home? Why Canadians can’t afford housing anymore A generation without a home? Why Canadians can’t afford housing anymore
With mortgage rates back on the rise, two-thirds of Canadians plan to delay their home purchase With mortgage rates back on the rise, two-thirds of Canadians plan to delay their home purchase
High interest rates have borrowers anxious about their mortgage renewal. What can they do? High interest rates have borrowers anxious about their mortgage renewal. What can they do?
Province Could Gut Rental Replacement Requirements, Toronto Staff Warn Province Could Gut Rental Replacement Requirements, Toronto Staff Warn
Is the worst of the housing downturn behind us? Is the worst of the housing downturn behind us?
Mortgage renewal strategies in today’s high interest rate environment Mortgage renewal strategies in today’s high interest rate environment
BoC’s Macklem: Until inflation reaches 2%, “our job is not done” BoC’s Macklem: Until inflation reaches 2%, “our job is not done”
Critics say OSFI’s proposed mortgage changes could do more harm than good Critics say OSFI’s proposed mortgage changes could do more harm than good
Borrowers to “feel the strain” of high interest rates for several quarters to come, says BoC Borrowers to “feel the strain” of high interest rates for several quarters to come, says BoC
Housing markets remained tight in March ahead of the busy spring homebuying season Housing markets remained tight in March ahead of the busy spring homebuying season
Bank of Canada preview: Another rate hold widely expected Bank of Canada preview: Another rate hold widely expected
Ontario Investing $6.5M to Hire More Landlord and Tenant Board Staff, Tackle ‘Renovictions’ Ontario Investing $6.5M to Hire More Landlord and Tenant Board Staff, Tackle ‘Renovictions’
The latest in mortgage news: Half of borrowers concerned about mortgage renewals The latest in mortgage news: Half of borrowers concerned about mortgage renewals
What you need to know about FSRA’s new licensing requirements for private mortgages What you need to know about FSRA’s new licensing requirements for private mortgages
GTA New Home Sales Are Down 76% Compared to Last Year GTA New Home Sales Are Down 76% Compared to Last Year
As expected the Bank of Canada didn’t increase interest rates today so the prime rate remains at 6.70% As expected the Bank of Canada didn’t increase interest rates today so the prime rate remains at 6.70%
Bank of Canada Raises Key Interest Rate by 25 bps Bank of Canada Raises Key Interest Rate by 25 bps
Rents in Canada are through the roof. Here are the most expensive cities Rents in Canada are through the roof. Here are the most expensive cities
OFSI launches consultations on mortgage rules, proposes additions OFSI launches consultations on mortgage rules, proposes additions
More Canadians turning to reverse mortgages amid savings crunch More Canadians turning to reverse mortgages amid savings crunch
High rent, mortgage rates keeping upward pressure on inflation High rent, mortgage rates keeping upward pressure on inflation
Inflation: Annual rate slowed to 6.3% in December Inflation: Annual rate slowed to 6.3% in December
HOME PRICES ARE FALLING, BUT LIKELY WON‍‍`T FALL MUCH FURTHER HOME PRICES ARE FALLING, BUT LIKELY WON‍‍`T FALL MUCH FURTHER
National home sales rise in December National home sales rise in December
OSFI proposes new mortgage restrictions OSFI proposes new mortgage restrictions
Where will you find the country’s lowest—and highest—housing costs? Where will you find the country’s lowest—and highest—housing costs?
2023 could be an ugly year for homeowners caught between higher rates, falling prices 2023 could be an ugly year for homeowners caught between higher rates, falling prices
What does the creation of 104,000 jobs mean When inflation is at 6.70%? What does the creation of 104,000 jobs mean When inflation is at 6.70%?
“Sticky” core inflation raises the odds of a January rate hike: economists “Sticky” core inflation raises the odds of a January rate hike: economists
Canada inflation slows to 6.8% but core CPI remains sticky Canada inflation slows to 6.8% but core CPI remains sticky
Despite starting 2022 lower than in recent years, things have taken a significantly negative tone Despite starting 2022 lower than in recent years, things have taken a significantly negative tone
How high can Canada‍‍`s prime rate go? How high can Canada‍‍`s prime rate go?
Canada‍‍`s banking regulator to make announcement on mortgage stress test Canada‍‍`s banking regulator to make announcement on mortgage stress test
“Much higher” interest rates will be needed if inflation sticks, says Macklem “Much higher” interest rates will be needed if inflation sticks, says Macklem
CIBC mortgage amortizations soar given its heavy weighting of variable-rate mortgages CIBC mortgage amortizations soar given its heavy weighting of variable-rate mortgages
Mortgage-Qualifying Rate in Canada May Top 8% After Latest Central Bank Hike Mortgage-Qualifying Rate in Canada May Top 8% After Latest Central Bank Hike
Bank of Canada increases policy interest rate by 50 basis points, continues quantitative tightening Bank of Canada increases policy interest rate by 50 basis points, continues quantitative tightening
Bank of Canada look ahead: Economists expect seventh straight rate hike Bank of Canada look ahead: Economists expect seventh straight rate hike
Toronto home-price declines are slowing because few properties are for sale Toronto home-price declines are slowing because few properties are for sale
The Bank of Canada’s next rate hike: a toss-up between 25 and 50 bps The Bank of Canada’s next rate hike: a toss-up between 25 and 50 bps
Lenders Increasing Amortization For Easy Mortgage Qualification Lenders Increasing Amortization For Easy Mortgage Qualification
Interest on some mortgages in 2022 up 250% from the previous year: RateHub.ca Interest on some mortgages in 2022 up 250% from the previous year: RateHub.ca
CRA is already challenging real estate transactions ahead of new anti-flipping rules CRA is already challenging real estate transactions ahead of new anti-flipping rules
BoC’s Macklem reiterates that rates need to rise further. But by how much? BoC’s Macklem reiterates that rates need to rise further. But by how much?
Half of variable mortgage holders with fixed payments have hit trigger rate: BoC Half of variable mortgage holders with fixed payments have hit trigger rate: BoC
Average rent is nearly 12% higher compared to last year Average rent is nearly 12% higher compared to last year
Whitby, Oshawa property taxes the highest in Ontario Whitby, Oshawa property taxes the highest in Ontario
GTA Home Prices Down 22% from February GTA Home Prices Down 22% from February
Bank Of Canada Rate Update Dec 8, 2021 Bank Of Canada Rate Update Dec 8, 2021
How a Mortgage Pre-Approval Can Protect You from Rising Rates How a Mortgage Pre-Approval Can Protect You from Rising Rates
Bank Of Canada Rate Update Oct 27, 2021 Bank Of Canada Rate Update Oct 27, 2021
Mortgage Rate Forecast: Canada on Track for Higher Rates in 2022 Mortgage Rate Forecast: Canada on Track for Higher Rates in 2022
What is a Mortgage Preapproval and How Long Does it Last? What is a Mortgage Preapproval and How Long Does it Last?
Bank of Canada Rate Update Sept 8, 2021 Bank of Canada Rate Update Sept 8, 2021
Overheating Risk Eases as Canadian Housing Market Calms Down Overheating Risk Eases as Canadian Housing Market Calms Down
Home Prices Mark Fourth Consecutive Monthly Decline From March Peak Home Prices Mark Fourth Consecutive Monthly Decline From March Peak
Mortgage Consumers Show Confidence Despite COVID Mortgage Consumers Show Confidence Despite COVID
How did Canadians Fare on Mortgage Payments During the Pandemic? How did Canadians Fare on Mortgage Payments During the Pandemic?
Bank Of Canada Rate Update July 14, 2021 Bank Of Canada Rate Update July 14, 2021
Variable Mortgage Rate Hits Record Low at Sub-1% Variable Mortgage Rate Hits Record Low at Sub-1%
How Would Canadians Handle Interest Rate Increases How Would Canadians Handle Interest Rate Increases
How to Test-Drive Your Mortgage Before You Get Stuck with a Home You Can‍‍`t Afford How to Test-Drive Your Mortgage Before You Get Stuck with a Home You Can‍‍`t Afford
How Much has Canada‍‍`s Household Net Worth Grown Recently? How Much has Canada‍‍`s Household Net Worth Grown Recently?
What 2021‍‍`s Housing Market Looked like and What‍‍`s to Come What 2021‍‍`s Housing Market Looked like and What‍‍`s to Come
Yours, Mine, and Ours: Everything You Need to Know About Property Lines Yours, Mine, and Ours: Everything You Need to Know About Property Lines
Home Prices Rose to a Record High in November Home Prices Rose to a Record High in November
RBC on the Current Trends in Canada‍‍`s Housing Market activity RBC on the Current Trends in Canada‍‍`s Housing Market activity
Avoid Real Estate Disasters by Listening to a Professional Avoid Real Estate Disasters by Listening to a Professional
Canadian Home Sales Appear to be Stabilizing but Prices Re-Accelerating Canadian Home Sales Appear to be Stabilizing but Prices Re-Accelerating
Over $10 Billion Gifted to Home Buyers Over Last Year Over $10 Billion Gifted to Home Buyers Over Last Year
Sales Up in Most Cities with Busier Fall Homebuying Season Underway Sales Up in Most Cities with Busier Fall Homebuying Season Underway
HMA Indicates Higher Degree of Vulnerability at the National Level HMA Indicates Higher Degree of Vulnerability at the National Level
Canadian Real Estate Association Updates Resale Housing Market Forecast Canadian Real Estate Association Updates Resale Housing Market Forecast
Canada-Wide Sales Decreased Again in August Canada-Wide Sales Decreased Again in August
Different Types of Investment Properties and What to Consider Different Types of Investment Properties and What to Consider
Summary of Housing Promises from Canada‍‍`s Main Political Parties Summary of Housing Promises from Canada‍‍`s Main Political Parties
Ergonomic Tips To Make Your Home More Comfortable Ergonomic Tips To Make Your Home More Comfortable
Canadian New Housing Starts Drop, But Still 30% Above Pre-Pandemic Levels Canadian New Housing Starts Drop, But Still 30% Above Pre-Pandemic Levels
Canadians Focused on Reducing Debt, Inflation Concerns in 2022 Canadians Focused on Reducing Debt, Inflation Concerns in 2022
Canada job growth slows, impact of new lockdowns still to come Canada job growth slows, impact of new lockdowns still to come
Running out of financial aid during the pandemic? Money expert on what to do next Running out of financial aid during the pandemic? Money expert on what to do next
Why debt is still a four-letter word for housing markets Why debt is still a four-letter word for housing markets
These end-of-year tax tips will help those who received CERB and other pandemic benefits These end-of-year tax tips will help those who received CERB and other pandemic benefits
Canada dollar seen rising; U.S.‍‍`Blue Wave‍‍` would bolster prospects: poll Canada dollar seen rising; U.S.‍‍`Blue Wave‍‍` would bolster prospects: poll
4 in 10 Canadians worried about COVID-19‍‍`s impact on their retirement plan: Poll 4 in 10 Canadians worried about COVID-19‍‍`s impact on their retirement plan: Poll
Majority of Gen Z Canadians close to insolvency amid coronavirus pandemic, poll finds Majority of Gen Z Canadians close to insolvency amid coronavirus pandemic, poll finds
Canada‍‍`s Low Earners Lost 1 In 5 Jobs, High Earners Gained Work In Pandemic: CIBC Canada‍‍`s Low Earners Lost 1 In 5 Jobs, High Earners Gained Work In Pandemic: CIBC
CERB to EI: What to know about transitioning to the new coronavirus benefits CERB to EI: What to know about transitioning to the new coronavirus benefits
Feds begin new sitting by boosting COVID-19 recovery benefit Feds begin new sitting by boosting COVID-19 recovery benefit
Canada government proposes three new coronavirus benefits, could help with confidence vote Canada government proposes three new coronavirus benefits, could help with confidence vote
Household debt ratio drops to 158% of disposable income, down from 175% Household debt ratio drops to 158% of disposable income, down from 175%
Bank of Canada head says uneven recovery could hit living standards for all Canadians Bank of Canada head says uneven recovery could hit living standards for all Canadians
Consumer confidence is approaching pre-pandemic levels Consumer confidence is approaching pre-pandemic levels
Checkmark

Goodbye Headaches.
Hello Easy Mortgages and Lending.

Competitive Mortgage Rates. Trusted Mortgage Services.