When buying a home, the two most important resources are your real estate agent and your bank, right? Not necessarily. While your bank is certainly equipped to help you finance your home purchase, there are other … Read More
Mortgages
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At a certain point in your life, you may feel like you are stuck paying the overwhelming price for your housing and living expenses. It can happen for a variety of reasons; the economy takes a … Read More
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A home equity line of credit, or HELOC, is a convenient way of using the value in your home as leverage to borrow money. HELOCs are attractive for their low interest rates, very generous repayment terms, … Read More
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When your current mortgage term reaches its maturity date, you’ll need to renew the outstanding balance for another term. This is a process you’ll likely do a number of times until you pay off your mortgage … Read More
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Finding your ideal condo to rent in Toronto can seem as daunting as winning the lottery. With not many purpose-built apartments and row houses available, many in the rental market turn to condos. But there is … Read More
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Renters are the least happy with their dwellings and feel pessimistic about ever being able to afford a home, says a recently released survey by Zoocasa. The online real estate brokerage polled over 1,000 Canadians at … Read More
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“We’re in a rising rate environment,” we’ve been told over the past 12 months. And while that’s certainly been the trend — the best five-year fixed rate has been steadily climbing since a low of 2.24% … Read More
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Imagine if you had to launch a rocket to the moon. No doubt you’d aim very carefully before hitting the go button, but if you were wrong by even a fraction of a degree at launch, … Read More
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Prairie housing prices continue to decline as housing prices in both larger cities like Toronto and Vancouver, along with smaller markets like Ottawa and Montreal, rise. The Canadian Real Estate Association (CREA) reports that the MLS … Read More
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The mortgage process is evolving. Fewer homebuyers are meeting face-to-face with mortgage professionals and the reliance on the internet and digital documentation is growing. That’s according to a recent Ratehub.ca survey of over 2,000 Canadians about … Read More