We revisit the mortgage stress test and how it is affecting Canadian homebuyers.
It’s time to negotiate your first mortgage – a process which when done correctly can save you tens of thousands of dollars. Here’s what you need to do.
First-time homebuyers are faced with a number of challenges – from saving for a down payment to winning a bidding war in Canada’s hottest housing markets. Here are some reasons why you may want to consider delaying the purchase of your dream home.
Toronto’s condominium market is soaring as Canada’s largest city continues to attract more people for work and play. Currently there are more than 100,000 units under construction, 123 high rise projects underway and 160 planned to start soon. That’s more than any other city in North America. Prices have soared too, up almost 26 per …
Rounding up our Regional Real Estate series, we take a look at Toronto’s housing market. For most first time home buyers, a downtown condo poses as a good starter option – but you’ll be hard pressed to find a single family home within the 416. The Big Smoke also poses significant challenges for those looking to buy for the first time – when you factor in high unemployment and level of debt, buying is often ruled out altogether. A predicted price drop, however, could change everything.
Buying your first home is a big step. Check out our top 7 tips to give you a boost onto the property ladder and help you save money on your first home!