mortgage affordabililty

In an ideal world, you’ll have paid off all your debt and be completely out of the red before buying a home. But with credit card debt a reality for many (roughly 1 in 3 Canadians … Read More

Getting a mortgage pre-approval is one of the best things you can do when buying a home. Here are some handy tips when it’s time to get pre-approved.

Can you get a 30-year mortgage in Canada? The better question is whether a 30-year mortgage is a good idea for you. Here’s everything you need to know.

There are many steps involved in the homebuying process but the most important step is the first one: The mortgage pre-approval. It may sound like a less-than-exciting first step but it’s an essential one. Not getting … Read More

The biggest news of the new year: Home ownership is going to get even more expensive as interest rates go up and new federal rules take effect. But that’s not all — here are some personal … Read More

Housing was undoubtedly the hottest topic in the news this year, particularly around prices and affordability as Canada’s central bank raised interest rates twice, higher premiums on mortgage insurance were introduced, and a tougher mortgage stress … Read More

Bidding wars are becoming more and more common in hot housing markets, and buyers have to get creative to come out on top. As the average price for a single-detached house in Toronto and Vancouver continues … Read More

Here are some of the stories that caught our eye this week:

Here are some of the stories that caught our eye this week:

If you’re considering a mortgage with RBC, you may be curious what your mortgage payment will look like. To calculate your payment with RBC’s mortgage calculator, you’ll need to know the following: the price of the … Read More