CMHC reported on June housing starts last week, which showed no slowing in homebuilding quite yet. The annualized rate of…
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Low interest rates continue to fuel strong buyer demand. The spring market unofficially ended last month and Canada’s three most…
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Mortgage terms The length of time your mortgage agreement will be in effect. These terms can range from a…
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Mortgage news With Canada Day holiday yesterday and the Summer now officially kicked-off, it was an unusually quiet week in terms…
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When you apply for a mortgage, lenders (financial institutions) may offer you options with either FIXED or VARIABLE interest rates. …
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CMHC reported on May housing starts last week. Starts were trending at just over 184,000 which is up…
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Amortization The length of time it takes to pay off a mortgage in full. If your down payment is less…
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It’s becoming increasingly difficult for families to own a home in Canada and affordability is expected to get worse going…
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How are the payments split between interest and the principal amount? For each payment the money is first used…
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The Canadian Real Estate Association releases April resale data last week which reflected a market which was up from last…
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