As predicted by many, the Bank of Canada increased the key overnight rate again, this time by 25 basis points, bringing it to 4.5%. This
Is the mortgage stress test still a thing in 2023? Yes it is, with much higher rates making it even harder to qualify for a
So you’re thinking about buying a new home. Fantastic! Getting a new home built can be a great experience. But you’ve got to be careful.
Have you ever asked the question ‘what is a bridge loan?’ Unless you’ve been stuck with two homes and you only want one, probably not.
Are you looking at homes and struggling to save for the down payment? The Region of Waterloo’s Affordable Home Ownership Program is just the thing
Your mortgage size is determined by three factors; your mortgage payment, the interest rate, and the amortization period. Once you calculate the size of your monthly
The usual rule for figuring out the size of your mortgage payments versus you income is a maximum of 35% of your gross income for
Why do some buyers get pre-approved before looking at property, and others don’t? Why wouldn’t they want to? There are very good reasons for getting a
‘Rent to own’ is a term that comes up pretty frequently in the real estate business. There has always been a bit of mystery surrounding
