Your credit report contains a plethora of information and can show you more than just your credit score. Here is how to make sense of those codes and numbers.
Mortgage brokers have access to rates from many mortgage-specific lenders and major banks, enabling them to find the best product for you. This is how they can save you money.
According to a new MPC report, the new mortgage stress test is leaving 18% of home buyers out of the market, though most can still afford to make monthly payments…
In 2018, new Ontario mortgage applicants likely won’t be able to afford the same home, as stricter mortgage rules come into place. And while those with a fixed rate mortgage are not impacted by interest rate increases implemented by the Bank of Canada, their affordability will be affected as well. For example…
Want to take out a loan or mortgage, but don’t know where to start? Planning to Borrow by Steve Bang demystifies the world of consumer borrowing. Read on for our review, and prepare yourself before you walk into the bank.
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 minimum home down payment has been increased to 10% from 5% on homes priced over $500,000. What does this mean for buyers? Read on to find out .
Canadian home buyers are doing a better job of paying off their mortgages, reports the CMHC’s Q3 update. The average credit score of borrowers is also improving – read on for the full story.
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.
The Conservative government announced it plans to expand the maximum withdrawal amount for the Home Buyer’s Plan to $35,000. This is the most recent pre-election promise targeting home buyers struggling with steep affordability – but will this measure help, or hurt, the housing market?