A horrible credit score after finishing a consumer proposal isn't necessarily your fault. Many who've completed a consumer proposal are surprised to learn that numerous mistakes on their credit report ... Read More
Canada's mortgage stress test was designed to help ensure Canadians don’t overstep their financial means. However, there are special cases where it makes sense to bypass this process, yet still ... Read More
Many services are available to give Canadians free access to their credit scores, but the problem is they all provide different results. No industry standards exist to ensure credit score ... Read More
How to get your share of government financial incentives available Canadian first time homebuyers. There's lots available, but in most cases you need to ask for what you're entitled to ... Read More
'High ratio mortgage' is a term many first time homebuyers haven't heard before, and often they don't understand how much it impacts what they qualify to purchase and how much ... Read More
Adjusting to a post COVID-19 world, many things will be different, some permanently. We analyze how Canadian housing markets, including supply, demand and costs have been altered by the pandemic ... Read More
How Do You Ensure Your Homebuying Budget Covers Everything You'll Need For Closing Day? Buyers quickly learn it's much more than just coming with the down payment ... Read More
Running commentary and news updates on COVID-19's impact on banking, real estate, mortgages, government relief programs, personal credit, and other ... Read More
Canada's mortgage stress test was designed to help ensure Canadians don’t overstep their financial means. However, there are special cases ... Read More
The media paints alternative lenders as shadowy, less-than-reputable lenders who prey on desperate homebuyers. We look at the important role ... Read More
How to get your share of government financial incentives available Canadian first time homebuyers. There's lots available, but in most cases you need to ... Read More
'High ratio mortgage' is a term many first time homebuyers haven't heard before, and often they don't understand how much it impacts what they ... Read More
Adjusting to a post COVID-19 world, many things will be different, some permanently. We analyze how Canadian housing markets, including supply, demand and costs ... Read More
How Do You Ensure Your Homebuying Budget Covers Everything You'll Need For Closing Day? Buyers quickly learn it's much more than just coming with ... Read More
With a shell-shocked COVID-19 Canadian economy as backdrop, CMHC moved to tighten lending standards for insured mortgages. New rules for CMHC-insured mortgages are intended ... Read More
After a consumer proposal has been fully paid, many think about buying a home. If already homeowners, they may be concerned about their upcoming ... Read More
A horrible credit score after finishing a consumer proposal isn't necessarily your fault. Many who've completed a consumer proposal are surprised to learn that ... Read More
Most first-time buyers lack sufficient funds to purchase their home outright and require loan financing (a mortgage) to make it work. In this article, ... Read More
A reader asks whether COVID-19 has affected her ability to renew a mortgage while still in a consumer proposal, and whether it's possible to ... Read More
Stay at home orders have forced many Canadians to be temporarily out of work and collecting government benefits for the first time in their ... Read More
Running commentary and news updates on COVID-19's impact on banking, real estate, mortgages, government relief programs, personal credit, and other financial health matters of ... Read More
Many services are available to give Canadians free access to their credit scores, but the problem is they all provide different results. No industry ... Read More
This heartwarming story illustrates the human side of private mortgages -- how this mortgage product gave a pensioner relief from an unmanageable debt load, ... Read More
Private mortgages have a number of costs you may not expect, and different terms and benefits than traditional mortgages. Rather than just focusing on ... Read More
Regular home buyers with no problems to solve aren't who private mortgages were designed for. This article discusses when a private mortgage is the ... Read More
Despite increasing in market share by nearly 50% in less than a year, most Canadians don't know what private mortgages are. This primer answers ... Read More
It's no fun trying to buy a property in an overheated real estate market. Buyers find themselves competing against many others in an auction ... Read More
Canada's mortgage stress test was designed to help ensure Canadians don’t overstep their financial means. However, there are special cases where it makes sense ... Read More
