All Posts in Category Mortgage

Canadians turning part of their homes into

New survey shows Canadians turning part of their homes into Airbnb units to cover their mortgage Canadians are facing increasing house prices and debt are turning to short-term rentals to make some extra to meet at the end of the month, according to a new survey. Altus Group, which provides real estate research, said its FIRM…

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Mortgage gap created by the posted rate

Mortgage gap created by the posted rate leaves homebuyers with a decision to make Call it the gap between what you have to pay and what you can afford to pay — it’s going to be considerable when you qualify for your next mortgage. Now the question is what should you do with that money? Ottawa…

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Millennials: Is buying a home in your 5 year plan?

Buying a home is one of the largest and most important investments you’ll make in your lifetime; home ownership is still the single largest source of savings for Canadian households, as every payment you make builds equity. If you’re hoping to purchase a home in the next five years, or sooner, there are some key…

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