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In the last blog, Canadians believe that buying a home is a great investment – Part 1, we discussed some of the factors as to why Canadian homebuyers are thinking more about smart home investing and careful financial planning. According to a Canada-wide survey commissioned by Genworth Canada, homebuyers are working harder and making larger contributions towards […]
According to a Canada-wide survey commissioned by Genworth Canada, homebuyers are working harder and for a longer period to save for a down payment; though many remain confident in buying a home as a long-term investment, according to the national poll surveying Canadians about their financial well-being and preparedness. "Despite tighter mortgage qualification criteria over […]
(NC) Look on the bright side. Annual spring cleaning doesn't have to be a chore, but rather a chance to revitalize your home. The tasks come in all shapes and sizes, and more often than not, some items are bound to be overlooked. Real top-to-bottom housecleaning can take hours, but not always. Many of the […]
(NC) The decision to buy a home is usually both exciting and daunting. While you may know the size or style of home you want, such as condominium or townhouse, the choice between a new or resale home is another important consideration. Both new and resale homes have their advantages and drawbacks, which may range […]
Date Released: First Quarter 2014 Overview Housing starts to remain stable in 2014 and 2015 2014 187,300 2015 184,900 MLS® sales to rebound in 2014 and increase slightly in 2015 2014 466,500 2015 474,700 *The outlook is subject to uncertainty. Although point forecasts are presented in this publication, CMHC also presents forecast ranges and risks where appropriate. The forecasts included in this document reflect information available as of January 22, 2014. *Multiple Listing Service® (MLS®) is a […]
(NC) If this is the year in which you resolved to buy your first house, you're about to enter a period in your life that is both exciting and nerve-wracking. With so many factors to consider before you sign the dotted line, the financial experts from Desjardins Group have some tips and suggestions to help […]
March is Fraud Prevention Month. Canada Mortgage and Housing Corporation (CMHC) has consistently been a leader in the fight against mortgage fraud and offers the following tips to protect yourself against becoming a victim of mortgage fraud. What Can You do to Protect Yourself? Be an informed consumer! Be wary of anyone who approaches you […]
