TEAM RINA IS #16 NATIONALLY FOR ROYAL LEPAGE

TEAM RINA IS #16 NATIONALLY FOR ROYAL LEPAGE

2019 was an incredible year! We’re so proud of our sales team of only 4 Realtors for ranking in at #16 across Canada for Royal LePage and achieving the National Chairman’s Club Top 1% award for the 19th consecutive year!

Thank you to our clients, administrative team, and network of business associates for your continuous trust and support.


2020, we’re coming for ya!

Happy New Year!

WRAPPING UP 2019 WITH TEAM RINA!

WRAPPING UP 2019 WITH TEAM RINA!

We have a great group of people at the Rina DiRisio Team! That’s what makes us different in this industry – all these fantastic personalities, contributing unique ideas and working together to make things happen for our clients.

We work hard, and at the end of another fabulous year, it’s time to celebrate!

Click below for a glimpse of our Team Rina Christmas party. Thank you to Oakville’s Hexagon and Sotto Sotto restaurants for the amazing hospitality, food, and drinks!

Click —> Instagram
Click —> Facebook Page

Thank you to Oakville’s Hexagon and Sotto Sotto for the amazing hospitality, food, and drinks!

BE A SANTA FOR A SENIOR

BE A SANTA FOR A SENIOR

Every year Team Rina participates in the “Be a Santa to a Senior” program facilitated by Home Instead Senior Care, and every year it keeps getting bigger and bigger!

Home Instead Senior Care partners with local non-profit and community organizations to identify seniors who might not otherwise receive gifts this holiday season. The company then works with local businesses, like Royal LePage, whose employees volunteer to purchase the wish list items of seniors in need.

We’re all big advocates of the program at Team Rina, but this year we’re especially proud of our very own Diana Rito who, with the help of her family and friends, has gone above and beyond to purchase gifts to 19 seniors in our community!

From Diana’s Instagram page:

“A BIG THANK YOU to everyone who donated to Santa for Seniors! Especially around this time, it warms my heart to know that they’ll be getting something special on Christmas Dayto make them smile. We are so fortunate to receive, give and live everyday with the things we have. But what makes it more enjoyable is the loved ones we have around us to make those memories possible. ❤️ If you have a special senior in your life make sure you make time for them especially around this time of year.”

Thank YOU Diana for your remarkable dedication to organizing and gathering gifts for so many. It takes a special person to take on so many wish lists and ensure all the items are checked off, packaged, and delivered with care. We couldn’t be more proud of you.

We truly have the best people working at Team Rina!

” If you have a special senior in your life make sure you make time for them especially around this time of year.”

QUALIFYING FOR A MORTGAGE IN 2020

QUALIFYING FOR A MORTGAGE IN 2020

The mortgage qualification stress test, introduced in January 2018, is still a hot topic in the world of real estate. I often hear industry professionals and consumers alike state that it has dampened the market and put first-time home buyers at a disadvantage.

With that in mind, it is interesting to learn that most consumers view the stress test in a positive light. The Canada Mortgage & Housing Corporation (CMHC) released a survey on November 15th which indicates that 65% of consumers approve of the stress test, believing that it will prevent Canadians from taking on too much debt that they potentially may not be able to afford should interest rates rise. CMHC tends to agree, deeming the stress test a success thus far. Not only has it added a measure to prevent Canadians from financially over-extending themselves, but it has also helped cool the GTA’s overheating real estate market.

As we enter 2020, I do not expect any significant changes to be made to mortgage qualification rules, especially considering our low interest rate environment. In simple terms, consumers will still need to qualify at their lender’s offered mortgage interest rate plus 2%, or the Bank of Canada’s five-year benchmark rate (whichever is greater) in order to qualify for a mortgage. It certainly looks as though the mortgage stress test is here to stay!

For further insight into our unique Oakville market, feel free to give me a call or send an email anytime.

As we enter 2020, I do not expect any significant changes to be made to mortgage qualification rules, especially considering our low interest rate environment. Looks like the mortgage stress test is here to stay.

Rina DiRisio
B.A., SALES REPRESENTATIVE
Lifetime resident of Oakville

Rina DiRisio

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