On April 8th, the Office of the Superintendent of Financial Institutions (OSFI) announced that it is relaunching its consultation on the minimum qualifying interest rate for uninsured mortgages. Usually, mortgages with a 20% down payment do … Read More
The first-time homebuyers’ tax credit allows you to claim back $750 on your tax return after buying your first home in Canada. Here’s what you need to know.
Canadian real estate prices are rising in areas outside of the big urban centres. Statistics Canada reports that growth in large urban centres has slowed during the pandemic. The desire for more space, both inside and … Read More
With rising prices, million dollar homes are becoming the norm – as are million dollar mortgages! Let’s see if you can you afford a million dollar home.
Canadian cities are seller’s markets in 2020, even after the affects of the COVID-19 pandemic, according to data from Zoocasa
For people who can’t borrow enough to afford a home, having someone co-sign a mortage can help. However, co-signing a mortgage can be risky… here’s why.
Are you looking for the best neighbourhoods in Toronto to live in? Look no further. We discuss the best areas for young professionals, families, and more. When you’re planning a move to a new city, one … Read More
Condo maintenance fees are a monthly expense which all condo unit owners pay. It’s a shared pool of money that helps the building pay for expenses throughout the year. When you’re renting a condo, you don’t … Read More
What is the GST/HST New Housing Rebate? Well, it’s a way to save several thousand dollars on some new home purchases – here’s what you need to know.
Congratulations, you bought your first house! You may have spent months, or even years searching for the perfect property, followed by a few weeks gathering documents for your mortgage financing, home inspection, and home insurance. Everything … Read More