Unaffordability Edging Out Home Purchase
Mortgage Payments Now Exceeding 60%! Monthly Qualifying Income Typical mortgage payments would gobble up 62% of typical Kelowna (and most of Canadians family’s income. A typical mortgage on a typical…
Mortgages 101
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…
Housing Affordability Worsens
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…