To buy or to rent? This is one of the most hotly debated questions in any city, but especially here…
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Why should I pay for Mortgage Default Insurance? If your down payment is less than 20% of your purchase price,…
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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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