Mortgages

Becoming a homeowner is a life-long dream for many Canadians but as with all new experiences, there’ll be uncertainty and you may even second guess yourself once or twice. You’ll be interviewing realtors, looking at homes, … Read More

Before granting you a mortgage, a lender will determine whether or not you can afford the loan amount you’ve requested.

Sales in the Greater Toronto Area picked up rapidly over the last five months and are now outstripping new listings, leading to a tighter housing market in October and the likely for the months to come. … Read More

Mortgage rates are on the rise, causing a bit of worry among aspiring homebuyers and current owners alike. Over the past year alone, the Bank of Canada has hiked its benchmark for the overnight rate three … Read More

There’s no doubt about it — Ontario is an expensive place to buy real estate. The province has a robust and diverse economic landscape, its southern portions have relatively mild weather and it’s extremely multicultural, which … Read More

Canadians overwhelmingly aspire to become first-time homebuyers, despite mounting challenges such as a rising interest rates and difficult qualification standards. That’s according to a recent Ratehub.ca survey, which polled over 2,000 Canadians across the country. Of … Read More

Homebuyers have been asking themselves for years whether or not they should go with a fixed- or a variable-rate mortgage. If history is any guide, the answer is clear: variable-rate mortgages have been cheaper. A 2001 … Read More

Millennials: Time Needed to Save for a Down Payment in Canada’s 100 Biggest Cities With a national average home price a little under $500,000, Canada’s housing market is considered one of the most expensive in the … Read More

Zoocasa found that Alberta has no affordable homes for sale for single-income households, according to research published this September. “From the oil fields of Fort McMurray to Drumheller’s badlands, Alberta’s landscape is as diverse as can … Read More

Over $5 billion worth of residential property was sold in the Greater Toronto Area this September, according to the Toronto real estate Board, up 4 per cent from September 2017. The total dollar volume of sales … Read More