Debt service ratios

Becoming a homeowner is a quintessential part of the Canadian dream; 66.5% of Canadians owned their home as of 2021, and for most of them, that property represents their largest financial asset. I

Should you pay off your debt before you start saving for a home? That’s the question that many hopeful homeowners ask themselves, and while many choose to go ahead with a home purchase while carrying debt, … Read More

Flickr: portway-ave Over the last few months, we’ve been asking ourselves one question: what can people earning various salaries afford to buy on their own? Home ownership seems impossible for some but, the truth is, with some … Read More

Flickr: usacehq We know that buying a home isn’t easy – especially if you’re trying to buy with only one salary. In this series, we want to look at the average starting salary of a profession, assume … Read More

Flickr: futureshape We know that buying a home isn’t easy – especially on your own. In this series, we want to look at the average starting salary of a profession, assume the buyer has no major debts … Read More

Flickr: weiwei We know that buying your first home isn’t easy – especially if you’re buying it without the help of a partner or family member. In this series, we’re looking at the average starting salary of … Read More