Picture this: You spend 15 or 20 years slaving to pay down your mortgage. You’ve built up 80 per cent equity in your home and you have just five years left until it’s free and clear. After all that effort, after all that built-up equity, you deserve the lowest mortgage rate around, right? Read More ...
When you’re house-hunting, it can be overwhelming to sort through all the properties in your price range — especially if you’ve taken time to visit homes that look divine online but fall far short of your expectations in person.
So much has changed with Canada’s mortgage laws over the past few years, and it’s sure to affect how your renewal goes this time around. The economic climate and lack of new home buyers have also made banks hungry for new customers. Even though the penalty can be steep ...
Coastal cities and towns throughout the Maritimes are closely studying how flooding and erosion caused from rising sea levels and storm surges will impact private property and municipal infrastructure over the coming decades.
With Canadian household debt hitting record highs this fall, economists are trying to figure out who's most at risk in the event of a debt shock, like a fall in house prices or a spike in unemployment.
Toronto Real Estate Board President Mark McLean announced that Greater Toronto Area REALTORS® reported 8,804 home sales through TREB’s MLS® System in October 2015. This is the best result on record for the month of October.
Reverse mortgages gain popularity as more retirees aim to stay in their homes or need cash for retirement. Aging demographics, high home values, and not enough retirement savings are driving demand for this controversial product.
You've heard it before: Canadian housing is in a bubble, and a price crash is headed our way. It’s been said enough times in the past six years or so that it seems safe to discount the warning altogether.
Here are nine things you need to know about how your personal finances will change under the new Liberal government. These points are based on measures the party campaigned on prior to the election Monday.
The dog days of summer are long gone, and fall is finally here. Although the season's crisp temperatures and colorful leaves are enjoyable, they are also a signal that winter is fast approaching. Get your home in gear by completing these essential fall tasks that will not only guard your home against cold-weather threats, but also make maintenance much easier come spring.
The city's fall real estate market is off to a brisk start, with September numbers showing that buyers are still making lots of purchases in the suburbs and bidding up prices across the Greater Toronto Area when they finally snag a house that suits them.
Toronto Real Estate Board President Mark McLean announced that Greater Toronto Area REALTORS® reported a record number of transactions for the month of September through TREB’s MLS® System. There was a combined 8,200 home sales reported for September 2015. This result was up 2.5 per cent compared to September 2014.
The Canadian Real Estate Association (CREA) has updated its forecast for home sales activity via the Multiple Listing Service® (MLS®) Systems of Canadian real estate Boards and Associations for 2015 and 2016.
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