Canadian Provincial Land Transfer Taxes

Canadian Provincial Land Transfer Taxes

When you buy a house, there are plenty of costs involved in the transaction aside from the purchase price. There are mortgage interest fees, home inspection fees, lawyer fees, and so on. But one expense that many buyers may not be aware of is the Land Transfer Tax (LTT).  Each… Read More


How has the Ontario Fair Housing Plan Impacted the Market?

How has the Ontario Fair Housing Plan Impacted the Market?

By: Zoocasa How have buying conditions changed across the province since the Ontario Fair Housing Plan (FHP) was introduced two years ago? The 16-part set of measures was announced by the now former Liberal provincial government in April 2017 in efforts to cool the red-hot housing market;… Read More


Who is Genworth Canada?

Who is Genworth Canada?

With housing prices as high as they are, most consumers wouldn’t be able to afford a home purchase without the help of a mortgage. But the lenders who provide mortgages place themselves at great risk considering the fact that borrowers may be unable to continue making their mortgage payments at… Read More


Buying a House in Canada With Bad Credit in 2019

Buying a House in Canada With Bad Credit in 2019

Bad credit can happen to anyone. A job loss, an illness or a few not-so-great decisions can have long term consequences for your credit score. One of those consequences is that it can be hard to buy a house; banks use credit scores to determine how trustworthy borrowers are,… Read More


Avoid These Common Mortgage Application Mistakes

Avoid These Common Mortgage Application Mistakes

Mortgages are incredibly important types of loans that make it possible for Canadians to make the biggest purchase of their lives. Considering how important mortgages are, it’s essential to ensure that all steps toward applying for a mortgage are done correctly in order to avoid any issues with approval. Unfortunately,… Read More


What First-Time Buyers Worry About When Applying For a Mortgage

What First-Time Buyers Worry About When Applying For a Mortgage

By Newinhomes.com Are you feeling anxious about borrowing hundreds of thousands of dollars for a new home? You’re not alone. Applying for a mortgage can be stressful. Buying a home is the largest purchase you’ll ever make, especially if you’re a first-time buyer.   Here are a few things that… Read More


The Canadian Mortgage Stress Test in 2019

The Canadian Mortgage Stress Test in 2019

Meeting the requirements for a mortgage and getting approved are already challenging enough, but securing a mortgage in 2019 is even more of a feat thanks to the recently introduced mortgage stress test. Want to know the minimum credit score required for a mortgage in 2019? Find out here. Read More


Single Awareness Day: Buying a Home with a Single Income

Single Awareness Day: Buying a Home with a Single Income

Although dual-income households can improve purchasing power and the ability to qualify for a mortgage, a significant number of home buyers are going through the process solo. But how affordable is it to buy a home on a single income in Canada?   A study by Zoocasa looks at the… Read More


Burn Your Mortgage: The Simple, Powerful Path to Financial Freedom

Burn Your Mortgage: The Simple, Powerful Path to Financial Freedom

You may have heard of my story. I’m the guy who paid off his mortgage by age 30. CBC News filmed my mortgage burning party a little over three years ago and it went viral. While a lot of people know I’m mortgage-free, I wanted to share… Read More


Note:

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