Personal Finance Simplified
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The following article was written by RateHub.ca. Home sales in Toronto continued their downward spiral, to close out 2012. The Toronto Real Estate Board recently reported that November 2012 home sales fell by 16 per cent versus where they were a year ago. While sales may be down, that isn’t the case with home prices [...]
Each year, the Canadian Accredited Association of Mortgage Professionals (CAAMP) releases a report on the state of the Canadian mortgage market. A startling number from the CAAMP report reveals that nearly one out of ten Canadians no longer qualify for a mortgage due to the new mortgage rules employed earlier this year. Buyers with less [...]
Three years ago this past September I bought my first home, and in the process made the biggest financial decision of my life. I can honestly attest that my home purchased has been the best decision of my life, and something that I’ve embraced whole hardheartedly. As a home owner over the past four years [...]
Young Canadians ready to dip their toes into the housing market for the first time may show signs of hesitation. However, the lack of experience diving into ‘mortgage waters’ forces young buyers to get resourceful. In an effort to familiarize themselves with the ins and outs of the mortgage industry, many flock to social media [...]
