Our feature in Redfin’s latest article: 11 Tips on How to Save for a Downpayment Owning a home is a milestone is a person’s life. However, it has not always been easy to accomplish. By learning some of the basics of home ownership and...
Affordable housing in Toronto has been difficult to find for a while now — but despite hopes that it would get better, it is still a major problem for many. A recent report from Zoocasa determined that in the Greater Toronto Area, it would...
If you’re interested in refinancing your mortgage, it’s better to act sooner rather than later. Why? Let’s break down the reasons. New Canadian mortgage regulations are making it harder to access financing. On January 1, 2018, the Canadian...
In a month-and-a-half, it will officially be 2019. What will the future bring for you? If you’re anything like almost 50% of Canadian homeowners, it might bring a mortgage renewal. The Bank of Canada estimates that 47% of residential Canadian...
Refinancing your mortgage can be a great way to consolidate debt and ease your financial standing, but there is one important consideration to make: the timing. If you’re thinking of refinancing your mortgage before your five-year term comes...
How confident are you that you could survive another Canadian interest rate increase? If your answer is “not very” perhaps it is time to consider getting a home equity loan to pay off debt. Since July of 2017, the Bank of Canada (BOC) interest...
If you’re reading this blog, you likely already know that the Bank of Canada interest rate increased again on January 17, 2018, going up to 1.25 per cent. You likely also know that the Bank of Canada (BOC) interest rate hike affects all forms...
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