A CMHC study finds that First-time homebuyers conduct virtually all of their mortgage inquiries online.
On April 19th, all banks will be using what is referred to as a ‘benchmark rate’ to see who qualifies for a mortgage.
There comes a point in time when a house price rises so high that a purchase may just not be a wise decision.
As of April 19, all unsigned pre-approved mortgages will be made null and void due to the new qualifying rate rules.
ScoreMaker gives advice to potential homebuyers on how to boost their credit score.
Twenty-four per cent of all U.S. mortgagors owed more than their home was worth as of the end of the last quarter.
After retirement, is it in your best interests to own your own home?
Historically the cost of a home has equated three times the average Canadian worker’s income after tax.
Research illustrates that as employment possibilities decline, mortgage arrears rise.
Contentions that Canadians risk their financial security and seek financing beyond their means are not true.
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