What is The New CMHC First-Time Home Buyer Incentive?

What is The New CMHC First-Time Home Buyer Incentive?

Depending on where you live, the price of homes could be extremely high and often out of reach, especially for those who have yet to crack the real estate market. Young adults are often fraught with student debt and have yet to accumulate any type of wealth that older Canadians… Read More


Ontario Cities With The Five Lowest Property Tax Rates

Ontario Cities With The Five Lowest Property Tax Rates

By: Zoocasa Property tax rates vary widely across the province, from around 1.79% in Windsor at the highest end, to just 0.615% in the City of Toronto at the lowest. Zoocasa, an online brokerage, ranked 35 cities in Ontario based on publicly available tax rate information and… Read More


Canadian Mortgage Rate History

Canadian Mortgage Rate History

If you’re in the market to buy a new home and take out a mortgage, then you’ll be very interested to know what mortgage interest rate you’ll be offered. After all, mortgage rates will directly influence how expensive or affordable your mortgage will be. Obviously, lower rates will translate into… Read More


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


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