The federal government uses the mortgage stress test as a safety measure to ensure that homebuyers can continue making their mortgage payments even if interest rates increase. Both insured...
One of the main tenets of Canadian culture is the desire to become homeowners. However, mortgages often feel more like a marathon than a sprint, let’s face it. The...
Mortgage fraud is a serious problem that has been receiving more attention in Canada. It affects not just the financial industry but also those who are trying to buy...
Are you a homeowner in Canada looking to make the most out of your property investment? You’ve come to the right place. In this article, we’ll explore the concept...
Are you dreaming of owning your first home in the picturesque landscapes of Canada? As a first-time homebuyer, the prospect of securing a mortgage might seem daunting. However, fear...
When it comes to mortgages, misinformation can be abundant, leading potential homebuyers astray. In this piece, we’ll set the record straight on some common mortgage myths, providing you with...
Like the importance of annual medical check-ups, the health of your financial status, especially in regard to your mortgage, mustn’t be overlooked. For Canadians, staying on top of their...
Securing a mortgage in Canada has become increasingly challenging due to rising home prices and high interest rates. However, leveraging rental income can improve your chances of getting approved...
Investing in real estate is one of the most popular ways to build wealth, but securing the right mortgage for an investment property differs from financing a primary residence....
Flexibility is an essential factor in homeownership. Life is full of unexpected events and circumstances, such as relocating for a new position or refinancing to benefit from lower rates....
Canada’s housing market will majorly shift on December 15, 2024, when the federal government raises the insured mortgage ceiling to $1.5 million. This change aims to increase buyer opportunities,...
Price, interest rates, and financial preparedness are some of the main considerations for many Ontario homebuyers. However, the location of the home is a crucial factor that frequently influences...
