Canadian housing mortgage rates are all over the map. Don’t get trapped in an unnecessarily costly mortgage agreement.
Latest News
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 »
State of the mortgage market: Canadians anxious about their finances, but still see housing as a good investment + MORE Mar 8th
Canadian homeowners may be feeling more anxious about their finances these days, but an overwhelming majority continue to believe real estate is a good long-term investment..... More »
Mortgage brokers are slowly embracing AI tools like ChatGPT + MORE Jul 15th
AI is creeping into every industry imaginable, from oil and gas to fintech, and the mortgage industry is no exception..... More »
CMHC reports annual pace of housing starts in January down 10% from December + MORE Feb 17th
Canada Mortgage and Housing Corp. says the annual pace of housing starts in January fell 10 per cent compared with December..... More »
What it’s like to be a first-time home buyer in Ontario—for real
– moneysense.ca
We’d been looking for over two years when we finally closed on our home last year in Vaughan, Ontario, just north of Toronto. As first-time home buyers in Ontario, my husband and I had seen around 30 houses, had been outbid on five or six and had expanded our search area from the middle of Toronto, where we both grew up, to the suburbs.
You’re 2 minutes away from getting the best mortgage rates in CanadaAnswer a few quick questions to get a personalized rate quoteI’m buying a homeI’m renewing/refinancingYou will be leaving MoneySense. Just close the tab to return.
Our journey as first-time home buyers in Ontario is by no means unique. Amid soaring prices, many people have experienced the same relentless competition and have had to expand their search criteria and stretch their budget to land a property.
During the COVID-19 pandemic, a perfect storm of low supply and high demand made prices surge. Lockdown measures sent many people in search of larger properties in which they could comfortably work from home…
Can I afford that mortgage? Here’s how much you can safely borrow to buy your first house
– thestar.com
Talk to a mortgage broker and do a personal budget assessment before you start house hunting, expert says.
