Apply For a MortgageFeatured Articles
Canada’s Renter Bill of Rights Update: Impact of Rent Payments on Credit Scores Explained
Understanding the Potential Benefits & Challenges of the New Credit Score Integration for Renters In a bold move to reshape the Canadian housing market landscape, the government has proposed a ...
10 Real Estate & Financing Challenges – When to Consider a Private Mortgage Solution
Buying a New Home Before Selling? The Dilemma of an Unsold Property Note to our reader: For client privacy, the names of the subjects in this story have been changed ...
Bank of Canada Rate Hike Announcement
After the January 24, 2024 meeting, the Bank of Canada maintained its overnight rate for the fourth time in succession. It appears we really have hit the ceiling of rate ...
GTA News
Canada’s Housing Market Resurgence: A February Sales Surge
Canada's housing market has witnessed a notable resurgence in February, with home sales surging by 19.7% year-over-year, according to the latest data from the Canadian Real Estate Association (CREA). This ...
Mississauga’s Development Dilemma: The Fate of 900 and 904 ...
A recent recommendation by the Planning and Development Committee of Mississauga has sparked debate over the fate of proposed housing developments at 900 and 904 Mississauga Heights Dr. This contentious ...
Ontario’s Legislative Reversal: The Future of Peel Region a...
Ontario's legislative reversal on the fate of Peel Region, preserving the unity of Mississauga, Brampton, and Caledon under one governance roof, marks a significant turning point with far-reaching implications. This ...
Assessing Brampton’s Real Estate Rollercoaster: A Tale of P...
The rollercoaster ride of Brampton's real estate market has left homeowners and industry observers reeling, with recent appraisal data painting a stark picture of volatility. A case in point is ...
Most Popular Articles
Mortgage Pre-Approval In Canada: What It Is & How To Get It
Mortgage pre-approval is used by lenders to “vet” borrowers and estimate spending ability for a home purchase. Seven factors determine ...
First Time Home Buyers Ontario: Everything You Need to Buy Your F...
In this primer for first time homebuyers, we examine how you know you're ready to take the leap, 7 steps ...
You Must Review Your Credit History Before a Mortgage
Discovery of errors on a credit report at the last minute could have cost homebuyers the home they wanted if ...
All Articles
Top 10 Things Your Home Buying Budget Needs To Include (In Additi...
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 ...
How Will Borrowers Be Impacted By CMHC’s Tougher Canadian M...
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 ...
Mortgages 101 — What You Need to Know Before Applying For a...
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, ...
How To Bypass Canada’s Mortgage Stress Test When It Gives a...
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 ...
Is Mortgage Pre-Approval Worth It
Whether shopping for a new home, have a mortgage renewal coming up, want to refinance or just want to know how much you're able ...
Mortgage Pre-Approval In Canada: What It Is & How To Get It
Mortgage pre-approval is used by lenders to “vet” borrowers and estimate spending ability for a home purchase. Seven factors determine the amount, both for ...
First Time Home Buyers Ontario: Everything You Need to Buy Your F...
In this primer for first time homebuyers, we examine how you know you're ready to take the leap, 7 steps to become a homeowner, ...
The Single Biggest Mistake Made By First Time Home Buyers
Can You Guess The Biggest Mistake First Time Home Buyers Frequently Make? Hint: It’s NOT choosing the wrong paint colour! As a first time ...
What You Need to Know About Mortgage Co-signing
Thanks to tighter mortgage qualification rules and higher-priced real estate—particularly in the greater Vancouver and Toronto areas—it’s not always easy to qualify for a ...
How To Buy A Home In The HOT, HOT, HOT Ottawa Market
The Ottawa Region has been on a tear for a few years now, and there is no sign of things slowing down. In fact, ...
How To Pay Your Property Taxes
Property tax bills come in three separate chunks throughout the year. But what is the best–easiest, smartest, fastest way to pay your property taxes? ...
ASKROSS Answers: As A First Time Home Buyer, How Do I Use My RRSP...
A first time buyer with questions about tapping into their RRSP when buying their first home comes up quite often. It’s quite easy actually ...
ASKROSS Decodes Mortgage Lingo: Loan To Value And High Ratio
Here we explain what “loan to value ratio” means, and also the all important “hi ratio mortgage”. This is when your down payment is ...
Rising Interest Rates And How They Impact Your Mortgage
Here we explain the importance of protecting against rising interest rates as you approach your mortgage renewal date or while you are out shopping ...
ASKROSS: Toronto Homebuyers’ Questions And Answers
Here are a couple of questions from the AskRoss mailbag. One reader asks with prices so high in the Greater Toronto Area, which nearby ...
The Difference Between Down Payment And Deposit
First-time buyers can sometimes get confused by the terminology. For example, they understand you have to make a deposit when your Offer to Purchase ...
35 Year AM May Reduce Mortgage Payment By Ten Percent
35 year amortizations used to be a hot topic in the Canadian mortgage industry. There are still a couple of lenders offering them, but ...
No credit history qualified for a mortgage
This is a cautionary story about the importance of having your own unique personal credit facilities, and not to simply carry supplemental cards in ...
You Must Review Your Credit History Before a Mortgage
Discovery of errors on a credit report at the last minute could have cost homebuyers the home they wanted if sellers didn't generously extend ...
Interest Adjustment Date Explanation
When you close your purchase mid-month, you might have to prepay a few days’ interest on your closing date— it’s called the interest adjustment, ...