mortgage rates

The Bank of Canada announced Wednesday it is maintaining the target for the overnight rate at 1.75%. The Bank noted trade conflicts and concerns around the energy sector as reasons for maintaining its policy. “As expected, … Read More

Renewing a mortgage this year might be a little scarier than in years past, due to recent mortgage rule changes, but don’t sweat it. Despite what your current lender may tell you, you are still able … Read More

Spring is the season of change for many; cleaning out closets, starting fresh, and preparing for the warm summer months ahead. For many, spring brings with it the opportunity to get a new home. And, according … Read More

The Bank of Canada has maintained its target for the overnight rate at 1.75%, it announced Wednesday. Global economic concerns remain a key concern to the Bank of Canada, with ongoing uncertainty around trade conflicts causing … Read More

It’s been an interesting year for homeowners and prospective homeowners in Canada. Interest rates are on the downswing while housing prices are staying relatively stagnant. In my opinion, this is about as good of a buyer’s … Read More

We’ve all had it drummed into our brains: 20 per cent is the ideal amount to save for a down payment. But is it really? Most personal finance experts say that borrowing no more than 80 … Read More

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

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

Living a lifestyle that you can’t afford can seem like a seductive dream to some, and a debt trap to others. Marketers everywhere present us with options for lifestyles we want but can’t afford. Or can … 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