For many city dwellers, a detached house with yard is out of reach financially – and the need to move to afford a bigger home is a reality. Is swapping the city for suburban square footage worth it? One homeowner shares her story – and her commute time.
First in our Mortgage Throwback series – meet Dan Kennedy, a now-retired homeowner who bought his first home in the 70s and has lived debt-free since the age of 25.
For the first time in 16 years, there may be change coming to the Ontario Condominium Act. The proposed changes will target fraud and money mismanagement, and are meant to protect condo owners – but may come at a cost.
Buying real estate is becoming increasingly tougher for the average Canadian. What can first time and repeat buyers do to increase their chances of homeownership? Get the full story and this week’s top housing headlines.
Phantom real estate bids are a common pressure tactic used in hot markets – but the Real Estate Council of Ontario is taking measures to fight the practice as of July 1. Here’s what you need to know.
Efforts to reduce the CMHC and taxpayers’ exposure to the risky mortgage market has paid off – the Crown corporation has reported it now covers only 50% of new residential mortgages. What does this mean for new borrowers?
Is your credit score mortgage ready? Many Canadians don’t know the state of their score before starting the pre-approval and application process – and they could be in for a nasty surprise. Here’s what you need to know about your score – and how you can improve your chances of qualifying for a mortgage.
The CMHC Q2 housing market update has been released and has a province-by-province breakdown of housing conditions in Canada. How’s the market in YOUR region? Read on to find out.