Get your complementary Pre-Approval from aDiamondMortgage, here. Mortgages 101: What’s a mortgage and how to choose between fixed and variable rates in Canada? Selecting a mortgage is one of the biggest – and most stressful – financial decision made by many Canadians. But a clear understanding of a few basic terms and concepts can help allay some the [&hellip…
Get your complementary Pre-Approval from aDiamondMortgage, here. One in three Canadians struggles with non-mortgage debts, Credit Counselling Society says Some Canadians are feeling uncertain and anxious about their financial situations and future, according to the Credit Counselling Society. “About a third are saying their finances are in the worst shape (than before the pandemic),” said Scott Hannah, Credit Counselling Society’s [&hellip…
Get your complementary Pre-Approval from aDiamondMortgage, here Housing Affordability Worsens, Time Needed to Save for a Down Payment Increases Even before fixed mortgage rates started rising last month, housing affordability continued to deteriorate in the third quarter, the National Bank of Canada reported Wednesday. Housing affordability posted a third consecutive quarterly decline, while over the past 12 months [&hellip…
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