Renewal

The Canadian mortgage stress test has made qualifying for a mortgage renewal harder. Here’s what you need to know about qualifying for a renewal in 2019.

A reader asks: If I signed a 35-year CMHC-insured mortgage five years ago, and now I need to renew, what are my options and how am I affected by the new mortgage rules? This is a … Read More

Homes less affordable, but Canadians keep buying nonetheless – Yahoo! Finance Canada RBC’s housing affordability index changed course in the second quarter of 2013, and saw both bungalows and two-story homes become less affordable. The affordability index … Read More

According to a report released by Manulife, more than three quarters of respondents indicated that becoming debt-free is a top priority. Currently, Canadian consumer debt is at an all-time high and mortgage debt represents most of … Read More