You can include the costs of home improvements into your mortgage.You don't have to cross a home off your list because it has pink walls and green carpet. Envision the home the way you want it to look. Have an open mind! The Purchase Plus...
Title fraud is something you need to be aware of as a homeowner. In a time where identity theft is on the rise, the last thing you want to worry about is another way to lose your hard-earned money.Here’s how real estate title fraud works and ways...
Is a weekly, bi-weekly or monthly payment the best fit for you?Your work’s pay schedule should be taken into consideration when choosing a mortgage payment frequency. This will ensure that your bank account will always have money available when the...
It's essential to understand all the elements that affect mortgage rates in Canada. Here's some insight into what interest rates are forecasted to do.On November 9, 2020, news started spreading that U.S. drugmaker Pfizer had a COVID-19...
What is the FTHBI?The First-Time Home Buyer Incentive (FTHBI) is a program that’s sponsored by the Government of Canada. It allows first-time home buyers to finance a portion of a home purchase through a shared equity mortgage. If a first-time home...
Learn how mortgage lenders calculate your debt service ratios, GDS and TDS. You need to know these two basic calculations so you can crunch the numbers to find out what your budget and affordability is.Gross Debt Service (GDS) Lending guidelines...