Canadians Remain Pessimistic About The Economy, Despite Positive Data
The economic headlines are positive. Canada's economy is growing, unemployment is near a record low
Condo Investor Checklist : Location, Amenities And Low Maintenance
Successful condo investors know that there are a number of key considerations to keep in mind when selecting a property that will reap them a solid return on their investment.
Fixed Mortgage Rates Hit Two-year Low
Mortgage rates in Canada have been ultra-low for more than 10 years, but in most cases the variable rate has still beat out the fixed rate. Until now.
Are American Style Mortgages Coming To Canada?
Are American style mortgages coming to Canada? Bank of Canada Governor Stephen Poloz has encouraged financial institutions to start looking at new ways to offer mortgage products – including establishing longer term mortgages, much like those in the U.S.
Looking To Secure A Mortgage? Now Is The Best Time To Negotiate
The Bank of Canada again held its influential overnight lending rate today at 1.75 per cent, signalling the continuation of a stable interest rate environment – and underlining that now may be the best time to negotiate a mortgage.
Is Getting A Tax Refund A Sign Of Poor Tax Planning?
By now most of us have filed our tax return. Individual returns were due April 30, while self-employed persons had until June 17 to submit all their paperwork. For many of us, the dread of filing our tax return is often followed by the joy of a big tax refund.
How The New Government Initiative Could Help Condo Buyers
The federal government wants to help you buy your first home. In the 2019 budget, the government unveiled brand new plans that, it says, will help young buyers who have been shut out of the real estate market.
Cost Of Living And Retirement Savings Are Barriers To Homeownership
Anyone living in a big Canadian city such as Toronto knows the cost of living is high. Everything from basic needs, such as food, clothing and shelter to non-essentials are expensive, and according to a new survey they are also barriers to homeownership for young families.
Variable Vs Fixed Mortgages? It's Complicated
Canadians are now into the busiest season for real estate. More homes change hands during the spring than at any other time of year. One decision homeowners will have to make about their new purchase is the kind of mortgage they will sign up for.
Do You Marry For Love Or Money?
When we think about a couple getting married, thoughts of romance usually spring to mind. Where did they meet? When did they know they were in love? And how did they get engaged? But