Over the past decade, the Canadian government has implemented several mortgage rule changes aimed at tempering housing demand and safeguarding home buyers from over-extending themselves. Each time, the respective measures are meant to cool ever-increasing home … Read More
Despite year-over-year home prices falling, condos continue to boom in the Toronto real estate market. Unlike every other market segment, condos are increasing in price, rising 7.1 per cent in the 416 this March compared to the same … Read More
A mortgage is probably the reason why the majority of Canadians are able to become homeowners. But over time, you’ll pay thousands of dollars in interest that isn’t tax deductible. However, there is a way to … Read More
When you first got your mortgage, you might have carefully weighed all the details, compared mortgage rates online, and done all your research to make sure you were getting the best possible mortgage rate and terms. … Read More
Despite the blaring doom and gloom of most media headlines this March, no, the Toronto housing market is not crashing. Instead, what we have is a cool down. Detached houses still remain out of reach for … Read More
It’s a battle many of you have probably been waiting for: In one corner are GICs and in the other are bond exchange-traded funds (ETFs). Compared to stocks, GICs and bond ETFs are on the boring … Read More
Canada is home to numerous bustling cities, many of which have evolved to fit the lifestyles of its millennials. When you think of millennial hot spots, cities such as Vancouver or Toronto might spring to mind. … Read More
Renewing a mortgage this year might be a little scarier than in years past, due to recent mortgage rule changes, but don’t sweat it. Despite what your current lender may tell you, you are still able … Read More
Buying a home is exciting. And stressful. Getting a mortgage only adds to the stress, so why not make sure you plan accordingly – and try to reduce some of that stress — before taking on … Read More
You had a few financial setbacks when life’s speed bumps tripped you up, but now you’re on the right path and are ready to take the leap into home ownership. The only problem is: you’re not … Read More