Are millennials driving the real estate market in Canada? A new BMO study finds 76% plan on becoming homeowners soon. But are they financially prepared?
History has been made with the lowest 5 year fixed mortgage rate ever seen in Canada – 2.44%, offered in Ontario, Alberta and British Columbia. Read on to see how much you could save with this rate.
The average detached homes price topped $1 million in Toronto last month, as affordability is fueled by record low mortgage rates. What does this mean for buyers trying to break into the market?
Looking to get a mortgage – this is the best place to start! Read on for all of the resources you need to learn about mortgages.
Ready to find that perfect starter home? The search can be exciting – but also heartbreaking if expectations and reality don’t quite match. Here’s how to set realistic goals for your first home.
It’s a new record for 5 year fixed mortgage rates at 2.74%! How much lower can we expect mortgage rates to go as we enter the typically hot spring mortgage season?
BMO’s ultra hot 2.99% 5 year fixed mortgage rate is back! Available for high ratio mortgages, and featuring full service payment options, it looks to be a great deal – but is it in your best interest to lock in low when interest rates may rise?
The Home Buyers Plan allows first time buyers to pull up to $25,000 from their RRSPs for their home’s down payment. It’s an option that opens doors for buyers other wise shut out of the market – but are they worth the risk to your retirement plan?
5 year fixed mortgage rates hit a new low this week, at 2.77%. This full service mortgage is available in Ontario and accessible to high ratio borrowers. Could we see more downward movement before next year’s anticipated rate hike?
Each week there seems to be another release surrounding the fate of the Canadian real estate market … is there a bubble and will it burst? And what about those CMHC changes and the hurdle that first time home buyers are faced with?