Toronto Loft Conversions

I know classic brick and beam lofts! From warehouses to factories to churches, Laurin will help you find your perfect new loft.

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Not just converted lofts, I can help you find the latest cool and modern space. There are tons of new urban spaces across the city.

Unique Toronto Homes

Not just lofts, we can also help you find that perfect house. From the latest architectural marvel to a piece of our Victorian past, the best and most creative spaces abound.

Condos in Toronto

I started off selling mainly condos, helping first time buyers get a foothold in the Toronto real estate market. Now working with investors and helping empty nesters find that perfect luxury suite.

Toronto Real Estate

For all of your Toronto real estate needs, contact Laurin. I am dedicated to helping you find that perfect and unique new home to call your own.

 

Ottawa pressures banks

CTV News

Alarm bells are start­ing to ring in Ottawa over how easy it is for some peo­ple to bor­row money.

As The Globe and Mail’s Jeremy Torobin and Grant Robert­son reported, Canada’s Finance Depart­ment has been telling bankers it’s trou­bled by some lend­ing stan­dards and record low mort­gage rates.

The Office of the Super­in­ten­dent of Finan­cial Insti­tu­tions, the bank­ing reg­u­la­tor, is also con­cerned that some peo­ple, who haven’t had to prove how much they earn, are find­ing it too easy to get mort­gages and home lines of credit.

This comes as debt bur­dens among Cana­dian fam­i­lies con­tinue to rise, and after months of warn­ings from the Bank of Canada and the Finance Department.

It also comes as some worry over rich house prices, par­tic­u­larly in Van­cou­ver, though there’s some fret­ting as well about Toronto’s condo mar­ket.

Bank of Mon­treal said in a report this week, though, that it expects no U.S.-style hous­ing mar­ket crash

In our view, the hous­ing boom will more likely cool than cor­rect, even in condo–dri­ven Toronto – the tar­get of many scary head­lines,” said BMO chief econ­o­mist Sherry Cooper and senior econ­o­mist Sal Guatieri.

The pos­si­ble excep­tion is pricey Van­cou­ver where the num­ber of unoc­cu­pied newly built con­dos is high owing to the Olympic Vil­lage con­struc­tion in 2010.”

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Con­tact Lau­rin Jef­frey for more infor­ma­tion – 416−388−1960

Lau­rin Jef­frey is a Toronto Real­tor with Cen­tury 21 Regal Realty. He did not
write these arti­cles, he just repro­duces them here for peo­ple who are
inter­ested in Toronto real estate. He does not work for any builders.

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