Canada’s mortgage stress test makes a big difference to how much you can borrow. Here’s everything you need to know about the mortgage stress test.
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Mortgage rates are on the rise, causing a bit of worry among aspiring homebuyers and current owners alike. Over the past year alone, the Bank of Canada has hiked its benchmark for the overnight rate three … Read More
Read articleWhen it comes to Canadian real estate, it’s very much Vancouver and Toronto vs. the rest of the country; those two markets are far-and-away home to the priciest real estate in the country and locals have … Read More
Read articleThe U.S. Federal Reserve announced Wednesday afternoon it’s hiking the target for its overnight lending rate by a quarter of a percentage point to between 0.75% and 1%. This is only the third time the Fed has raised … Read More
Read articleYou can’t always get what you want, even when it comes to buying a home. Sometimes that desire will prompt you to climb up the property ladder.
Read articleJust when you thought you’d never be able to afford the spacious new home you’ve been eyeing, the new rules surrounding gross rental income and mortgage helpers were established. If you’re planning on renting out a … Read More
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