Shopping for your home as a first-time homebuyer can be daunting and stressful; the Canada Mortgage and Housing Corporation agrees. That’s why the Crown Corporation releases an annual mortgage consumer survey. “Shopping for a mortgage can … Read More
No one likes debt, especially when they’re carrying hundreds of thousands of dollars of debt in the form of a mortgage. Most financial pundits will argue that you should pay it down as quickly as possible. … Read More
You may have heard stories about young people leaving cities in search of more affordable housing. A recent study shows the city of Toronto lost 142,000 more people than it attracted from 2012 to 2017 as … Read More
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
The summer market in the Greater Toronto Area is normally slow. People are busy at their cottages and embracing the humidity and are generally uninterested in trudging around trying to buy a property right before school … Read More
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
Do you own a home and are looking for a way to pay off your mortgage faster? With a decrease in available houses in urban areas and an increase in costs, people are looking for alternative … Read More
Many Canadians encounter credit issues when life hurdles get in the way; whether it’s an illness, a job loss, or just a lack of credit. It can take some time to get back on the right … Read More
Home energy costs make up a big portion of an average household’s budget. It’s so significant, in fact, that heating cost even makes up an important part of the calculation lenders use to decide whether you … Read More
Calgary is one major city in Canada where wages and housing prices actually line up. Unlike Toronto and Vancouver, where home prices have far surpassed the median income of residents in those cities, Calgary real estate … Read More