All levels of government are concerned with the overall health and affordability of the Canadian housing market. The first order of business is to gather input from various industry participants to determine the impact the recent mortgage rule changes have had on the ability of first time homebuyers to purchase their first home. Recently the … [Read more…]
If you are short on cash and have some equity on your home, you can refinance your property and get some financial assistance. Refinancing is a great way to capitalize on the equity accumulated on your home, but you should consider the decision carefully before you take the step. Here is what you need to … [Read more…]
First Home Buyer Mortgage Explained Buying a home is not easy, especially for cash-strapped Millennials who typically have significant debt, low credit scores, and uncertain finances. A home can provide them with some much needed security and stability, and give them room to focus on other aspects of their life. HSBC’s new global study indicates … [Read more…]