mortgage

We’ve all had those days; struggling through work or school after a fitful night’s sleep. The impact of a night of poor sleep is significant – your concentration goes out the window and your temper can … Read More

The majority of Canadians — 52 per cent — support the new federal bank regulations requiring borrowers to qualify at a higher mortgage rate, reveals recently released data. According to the 2018 edition of Zoocasa’s Housing … Read More

Over the past decade, the Canadian government has implemented several mortgage rule changes aimed at tempering housing demand and safeguarding home buyers from over-extending themselves. Each time, the respective measures are meant to cool ever-increasing home … Read More

A mortgage is probably the reason why the majority of Canadians are able to become homeowners. But over time, you’ll pay thousands of dollars in interest that isn’t tax deductible. However, there is a way to … Read More

Hamilton, like all other areas within driving distance of Toronto,  has seen its property values swell with the rising tide that is the Greater Golden Horseshoe housing market. But Hamilton, in particular, seems to be on … Read More

Let’s talk about Registered Retirement Savings Plans (RRSPs). More specifically, let’s talk about why the name is somewhat of a misnomer these days since nowadays they’re used for so much more than just retirement planning. First … Read More

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

When your current mortgage term reaches its maturity date, you’ll need to renew the outstanding balance for another term. This is a process you’ll likely do a number of times until you pay off your mortgage … Read More

Becoming a homeowner is a life-long dream for many Canadians but as with all new experiences, there’ll be uncertainty and you may even second guess yourself once or twice. You’ll be interviewing realtors, looking at homes, … 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