Paying property taxes are part of owning a home. You can pay them direct or through your mortgage. So should you pay property taxes through your mortgage?
Property Tax
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Over $5 billion worth of residential property was sold in the Greater Toronto Area this September, according to the Toronto real estate Board, up 4 per cent from September 2017. The total dollar volume of sales … Read More
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As prices for just about everything in Canada—from housing and electricity to vegetables—go up, I’ve been keeping a very close eye on my bottom line. I try to combat these increases by cutting costs where I … Read More
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It’s about to get even more expensive to own a house in Toronto: city council voted 35-8 in favour of a 3.29% residential property tax increase that will cost the average homeowner an estimated $90 more per year. … Read More
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How do you pay bills and put away some money for retirement when your income fluctuates? It takes planning and a little math, but you won’t be surprised by those big bills.
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For home buyers early on in their hunt, at a time of record-high home prices and rock-bottom interest rates, pinpointing exactly what they can afford and where isn’t exactly clear cut. To give those kickstarting their … Read More
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Congratulations! You’ve finally purchased your first home. If you’ve been a lifelong renter, up until this point, it’s important to be aware of the new responsibilities that come with being a homeowner. As a renter, all … Read More
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When you first start thinking about buying a home, we know the top two things on most people’s minds are: how much can I spend and how much will the monthly mortgage payment be? There’s no … Read More
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Finance official questions link between cooling housing market and mortgage rules – The Globe and Mail Canada’s deputy minister of finance, Michael Horgan isn’t convinced there is a link between the new tighter mortgage rules, introduced … Read More
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We are all familiar with the phrase “in life there are only two guarantees: death and taxes”. In the case of a home purchase, you are guaranteed three things, or taxes, rather. The three categories of … Read More