Real estate prices in Quebec soared in 2019. This upward trend should continue in 2020, but may start losing steam.[……]
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Government of Canada is helping first-time homebuyers with Canada’s First-Time Home Buyer Incentive. It makes buying a home more affordable and accessible.[……]
Buying or selling a home comes at a cost. To avoid getting caught off guard, here’s a list of expenses you should include in your “new home” budget.[……]
Buying a home is likely the biggest purchase you’ll ever make.
But before you can pack up and move in, you’ll need to secure a mortgage. This is often a long-term commitment. The average Canadian expects to pay off their mortgage by age 59, so it’s important to do your research and choose the option that’s best suited to you.
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Everyone wants to get the best mortgage financing offer. Does that mean getting the lowest rate, the longest term or the smallest payment? The best strategy for one person isn’t necessarily right for another.
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Down payment options. Pre-arrange your mortgage. Get ready for your big move! Either way, you need to be financially prepared and comfortable enough to make one of the biggest purchases of your lifetime.
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Congratulations! You’re a homeowner. Now that you have a place to call your own, you may be wondering how to pay down your mortgage a little bit faster.
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According to a BMO 2015 home-buying report, the average Canadian expects to pay off their mortgage by age 59 — but 31 per cent think they’ll still have a mortgage by their 65th birthday. Looking to ditch your debt quicker — without over-extending your budget? It may save you hundreds (if not thousands) in the long run.
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