Mortgage Tips Information
How to test-drive your mortgage before you get stuck with a home you can’t afford Unforeseen maintenance costs can be a budget killer as a homeownerAuthor of the article: Transitioning from renting to homeownership is one of the most sought-after financial goals for many, but it can turn out to be a much bigger financial [&hellip…
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TORONTO — In an attempt to try and cool down the overheated housing market, the federal government is making it tougher to get a mortgage starting June 1. The new stress test was announced by the Office of the Superintendent of Financial Institutions on May 20. Starting Tuesday, the new calculation of the minimum qualifying rate [&hellip…
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The interest may run you the equivalent of a latte a day, but the opportunity costs — like missing out on vacations and RRSP savings — can be even greaterAuthor of the article:Jason HeathPublishing date: The average home price in Canada rose from $544,284 in March 2020 to $716,828 in March 2021 according to [&hellip…
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