Mortgage news that makes sense
The Bank of Canada announced today that they will not be increasing their overnight rate which means that the prime interest rate …
Is a high ratio mortgage bad? Depending on your mortgage terms, a high ratio mortgage can cost more in the long term …
Advantages of Low Down Payments Low down payments, insured mortgage, or high ratio mortgages as they’re called, give you a foot in …
Canada's Foreign Homebuyer Tax rules and restrictions mean that as of Jan 1 2023 for a 2-year period, anyone who’s neither a Canadian citizen nor a permanent resident cannot purchase property in select areas.
The cost of housing in British Columbia has skyrocketed in recent decades. Canadian citizens and residents who simply want an affordable place …
If you’re renewing your mortgage this year, you might be tempted to take your lender’s offer of an early renewal. But, is …
Fixed mortgage rates follow bond yields up or down. Simple, right? Tracking Canadian government bond yield trends can give you a good idea about …
If you’re looking to renovate your home and add value to it, consider doing it with a mortgage. It may seem like …
Introduction There are many different lenders who offer mortgages, and sometimes it can be difficult to know which one is right for …
New flipping tax – What does it mean?Effective this month, the government’s new tax: anti-flipping tax is scaring many investors. This is …
Introduction If you’re trying to purchase a home, it’s always important to review your finances. You need to take into account both …
The number of Canadians wanting to buy a house is on the rise. That being said, the price of buying one is …
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