mortgage affordability

  • categories: Mortgages

    Canadians will have a harder time buying a home due to the federal government’s numerous mortgage rule changes over the past couple years. Here’s a quick overview of all the changes, important dates, and how they … Read More

  • January
  • categories: Monthly Updates

    New mortgage rules, data breaches, and climbing debt levels are following Canadians into the new year. More importantly, how much would it cost Han Solo to insure the Millennium Falcon? Here’s what you need to know … Read More

  • December
  • categories: Monthly Updates

    Debt is on everyone’s mind as interest rates tick upward and dollars fly out of your bank account this holiday season. Here are some personal finance headlines you may have missed last month.

  • October
  • categories: Mortgages

    Canada’s banking regulator, the Office of the Superintendent of Financial Institutions (OSFI), is setting a new minimum qualifying rate for uninsured mortgages that will come into effect on Jan. 1, 2018.

  • September
  • August
  • categories: Mortgages

    Affordability in Canada is a hot-button issue in several housing markets across the country. Property prices increase and affordability decreases as the population flocks to major urban centres. For instance, the Greater Toronto Area’s population is … Read More

  • July
  • January
  • categories: Mortgages

    Calgary has seen an increase in average home prices since 2015 but still remains below the national average. According to the Canadian Real Estate Association (CREA), the average home price in Calgary is $468,659.

  • categories: Mortgages

    With the introduction of British Columbia’s mortgage assistance program to help first-time homebuyers, you may be curious as to what an average mortgage payment in Vancouver looks like. According to the Canadian Real Estate Association (CREA), … Read More

  • December
  • categories: Mortgages

    Another year, another change to the mortgage rules. This year was an interesting one when it came to mortgages as the federal government announced more rule changes.