Condo incentives are extra features tossed in by developers to reel in buyers – ranging from guaranteed rent income to new cars. Here’s a sample of the goodies up for grabs in some markets.
Good news for prospective home buyers and landlords: the CMHC has announced that 100% of profit from an income suite can be used toward your mortgage qualification, Previously, only 50% was allowed. Read on to see how this can affect your home financing.
Just bought a home? Now it’s time to get life insurance for your mortgage. Here’s what you should know about choosing the right policy and term.
There are many mortgage features to choose from when buying a home. From term length to prepayment privileges, find out what’s right for you.
Thinking of buying a former grow-op? Such properties can be steeply discounted, even in Canada’s hottest markets – but insurers and mortgage lenders may refuse to back your home purchase.
A recent report from the C.D. Howe Institute finds Canada needs a $9-billion emergency fund to cover a potential housing crash. Here’s what you need to know about the think tank’s findings, and whether homeowners and borrowers should be concerned.
Buying a condo? Better brush on your condo rules – most developments have strict requirements when it comes to renovations, noise and even what you can keep on your balcony. Here’s what prospective buyers should know.
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.