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Buying a home comes with its fair share of contracts to sign and legalese to decode.
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Buying a house can be a great investment, but finding the cash to do so can be hard. The Home Buyers’ Plan (HBP), a program offered by the Government of Canada, is one way to help you make the big mov...
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Forty-two per cent of adults 20 to 29 were living with parents in 2011, up from 27 per cent in 1981. Half of Ontarians in their 20s live at home, according to Statistics Canada's 2011 National Household Survey.
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While the prospect of purchasing a home for the first time in Canada is an exciting and important step, many newcomers choose to rent for the first several months to a year (or longer) after their arrival. Before deciding whether to rent or buy, it's important that you know what you can afford, weigh the options available and take the time to make the right decisions that will ensure a successful future in Canada.
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Most people think that obtaining a mortgage is the last step in getting the keys to your new home. Despite what seems to be a peripheral awareness, the reality is that most of the time people forget that it should actually be the first.
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Buying a new home can be a daunting experience -- especially if it's your first time. One thing that banks love to do is tie mortgage insurance into your mortgage agreement, right along with a dangerous-looking checkbox you need to fill in if you choose to "recklessly" opt out. Here's why I want you walk into that mortgage broker's office, check that box, sign that line and opt out of it with total confidence.
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Here are a few rookie mistakes that can complicate your closing process, especially given how competitive Vancouver real estate can be.
TORONTO - A Bank of Montreal report on first-time home buyers says the average budget has increased to $316,100.That's up nearly six per cent from an average of $300,000 in last year's report on first...