mortgage rates

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

In its latest monetary policy decision, Canada’s central bank announced Wednesday its benchmark interest rate will remain at 1.5%. The bank has gradually hiked its target overnight lending rate four times since mid-2017 – most recently … 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

Having the same bank has its advantages: one debit card to carry, one online banking password and PIN to remember, and the opportunity to get a monthly discount if you have multiple products with the same … Read More

Unless you come up with the cash to pay off the entire balance of your mortgage in your first mortgage term, you’ll likely face a few renewals in your lifetime. A mortgage renewal is simply the … Read More

Even with the Bank of Canada standing pat on hikes (for now), it’s all about interest rates this month as consumers anticipate the next turn of the screw on higher borrowing costs. Here are some personal … Read More