It’s a win-win situation: renovate your home, improve energy efficiency, lower your monthly bills and get up to $5,000 back in an ecoENERGY grant to pay for a portion of it. That’s exactly what the Government of Canada is offering through the ecoENERGY Home Retrofit Program, which was extended June, 6 2011. In order to …
New data from the Canada Mortgage and Housing Corporation finds that apartment vacancies have fallen across the country’s 35 major cities, causing rents to rise, and perhaps making low Canadian mortgage rates more attractive to potential buyers.
New home construction across Canada grew during the month of November, yet another sign that the national economy is recovering, and more people may be looking for the lowest Canadian mortgage rates in order to buy properties.
With the Canada Mortgage and Housing Corporation’s multi-unit insurance coverage, a commercial investor can attain up to 85 per cent financing toward their commercial purchase.
The purchaser will be paying interest on every dollar of the home’s value, as opposed to nicking off a good chunk, interest free, with a down payment.
The online mortgage calculator does all the math for you, and is a great asset in determining your true budget for home buying.