Last fall, when the Bank of Canada (BOC) signalled that it was likely done raising interest rates and would start reducing rates in 2024, Bay Street traders, economists, car...
Read MoreAs of March 21, 2024 the FTHB program that helped to make homeownership more affordable is being discontinued by CMHC. The deadline for new or updated submissions for the...
Read MoreIn the realm of financial strategies, second mortgages act as a potent tool for homeowners seeking to leverage their property’s equity. While the concept of a second mortgage may...
Read MoreWhen considering long-term investment options, the majority of Canadians are in agreement that homeownership proves to be beneficial. Nonetheless, this journey often comes with unexpected hurdles, including unforeseen financial...
Read MoreThe resounding alarm bells are taking on the deafening tone of bull horns, echoing across Canada’s real estate landscape. The critical issue at hand: the glaring inadequacy of housing...
Read MoreThe Bank of Canada’s first-ever account of its internal policy discussions reveals that senior management is divided over whether Canada’s housing market would be more harmed by rising interest...
Read MoreCanadians use private mortgage lenders for various reasons. There is a stigma with private mortgage lenders that they are used only by people with bad credit. More and more...
Read MoreA recent study by Zoocasa reveals that the cost of renting versus buying comparable housing in select Canadian markets is equal. The difference between renting and buying was less...
Read MoreThe Greater Toronto Area (GTA) witnessed a significant surge in new home sales during June compared to the previous year. However, despite this impressive growth, the numbers still fell...
Read MoreGetting a Mortgage with bad credit Getting a mortgage with bad credit can sometimes be difficult, but possible in Canada. Whether you’re buying a home, refinancing your existing mortgage,...
Read MoreBuying a home is a significant financial commitment that requires careful consideration. With so many mortgage options available in the market, choosing the right one that suits your needs and...
Read MoreAs a homeowner, you may have heard of Home Equity Lines of Credit (HELOCs) and wondered if they are a good option for financing your next big purchase. HELOCs...
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