Mortgages

Qualifying for a mortgage

You Didn’t Qualify for a Mortgage… Now What?

It’s been seven months since new mortgage qualification rules, in the form of Guideline B-20, came into effect in Canada.… Read More »

Why are fixed and variable mortgage rates on the rise

Why Are Fixed and Variable Mortgage Rates on the Rise?

If you’re a real estate aficionado (and, let’s face it, that’s most of us in this real estate-obsessed country), you’ve… Read More »

Bank of Canada stress test rate

Bank of Canada Stress Test Rate Increases to 5.34%

It just became slightly tougher to qualify for a mortgage, as Canada’s central bank just upped the rate used to stress… Read More »

Rising interest rates

Should Home Buyers Worry About Rising Interest Rates?

If you’re an aspiring first-time home buyer in Toronto, we get it: It seems like everything from government intervention, rising… Read More »

Higher Bank of Canada Rates

How Will Higher Bank of Canada Rates Impact Your Mortgage?

As expected, the Bank of Canada hiked its target for the overnight rate Wednesday morning, giving current and potential homebuyers… Read More »

Renewing your mortgage in 2018

What to Expect When Renewing Your Mortgage in 2018

The Greek Stoic philosopher Epictetus once stated, “Wealth consists not in having great possessions, but in having few wants.” One… Read More »

How Do I Save Up for my Down Payment

How Do I Save Up for My Down Payment?

The decision to buy your first home is a major milestone, and homeownership is a point of pride for many… Read More »

What is a co-signer on a real estate deal?

What Is a Co-Signer on a Real Estate Deal?

Buying a home, and especially obtaining your first mortgage, is a major responsibility, not to mention a significant marker of… Read More »

Mortgage pre-approval

What If I Don’t Use My Mortgage Pre-Approval?

When the home hunting bug strikes, the first thing most would-be home buyers do is look up online real estate… Read More »

vendor take-back mortgages

Why Vendor Take-Back Mortgages are Making a Comeback

Just how much has the Greater Toronto Area housing market changed since the introduction of the Ontario Fair Housing Plan?… Read More »