Finance: New Mortgage Rules Kick In January 2018
For the sixth time since the financial crisis in 2008 Canada’s top banking regulator is making it harder for Canadians to qualify for a mortgage. Starting in January 2018 Canadians applying for a new mortgage will be subject to a stricter set of rules to prove they can afford the loan.
Finance: How To Help Millennials Buy Their First Condo
Millennials are so financially strapped that many can’t find the funds to move out of their parents’ home. These are the findings of a new report by the University of Waterloo called Gen Y at home. It finds 47.4 per cent of millennials (also known as Gen Y) in the GTA live with their parents.
Finance - Common Money Dilemmas: How To Solve Them
Some money problems are easy to solve. Like, if you’re carrying a balance on your credit card, you should aim to get rid of it. But sometimes the answer isn’t as clear and we’re faced with a money dilemma.
Finance - Fraud Prevention: What Condo Dwellers Need To Know
Identity theft remains a serious concern in Canada. Fraudsters are constantly finding new ways to steal your personal information.
Finance - Millennials Will Make Sure The Condo Market Remains Hot In 2017
Millennials currently make up the largest part of the workforce in Canada. There are many millennials earning a steady income with homeownership dreams. With home prices poised to rise in 2017, the condo market should remain hot as many flock to the more affordable option.