This millennial making $110,000 helps her family with mortgage, groceries. Is it time to buy a place with her boyfriend? + MORE May 16th

Mortgages in Canada can be a murky subject – one that we hope to shed some light on with a series of highly informational articles.
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MoneySense has a new look Apr 25th

We have exciting news: MoneySense has made some upgrades. The core of what we do will stay the same—we’ll continue to bring you high-quality content from the best financial experts in Canada—but we have a fresh new look. Why are we changing? We want you to have the best possible expe.... More »
 home equity

Rate hikes, food inflation, mortgage costs: How to get through the cost of living crisis + MORE Jul 18th

No matter the state of your finances, avoiding your fears is not the way forward, experts say. Focus on what you can control..... More »
 property

Your mortgage interest payments are likely going up. Is there a way to reduce them? Nov 28th

A lump-sum payment would go directly to the principle of your mortgage, meaning you’re immediately paying less interest..... More »
 property

Mortgage penalty calculator + MORE Jan 22nd

If you have a closed mortgage and decide to break your mortgage contract before the agreed-upon term has expired, you’ll likely have to pay a prepayment penalty fee. A mortgage penalty calculator can help you figure out exactly how much those fees will be and will make it easier to know whethe.... More »

Latest in Mortgage News: Are fixed mortgage rates about to take another leg higher? Aug 6th

There's speculation that fixed mortgage rates, which have continued to trend higher over the past several weeks, are set to rise even further..... More »
This millennial making $110,000 helps her family with mortgage, groceries. Is it time to buy a place with her boyfriend?‘Can we even afford anything in the GTA. Is it smart to buy?’ Leanne asked. ‘The market is insane.’

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Canadian home prices fall 6% in April, down for 2nd month in a row  CBC NewsCREA reports home sales down in April as mortgage rates rise  Parksville-Qualicum Beach NewsCanadian New Home Starts Remain High But Have Cratered In Toronto – Better Dwelling  Better DwellingHome sales down 42.1% in Mississauga from the same time last year | inSauga  insauga.comCanada Mortgage and Housing Corp. reports annual rate of housing starts rose in April – Business News  Castanet.netView Full coverage on Google News

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Despite a slowing housing market at the end of the first quarter, Equitable Group posted its best-ever quarter with net income up 27% on strong origination growth.

Continue Reading On canadianmortgagetrends.com »

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