Types of mortgages in Canada and how they apply to you

22 October, 2018 / by

Before deciding the types of mortgages that may be right for you, you’ll have to make another important decision – the type of lender you’d like to work with. In Canada, there are three main types of lenders: A lenders (banks, credit unions and monoline lenders), alternative lenders, and p...

Buying a home in Canada: Everything you need to succeed

24 September, 2018 / by

The Ultimate Guide To Reverse Mortgages For Canadians

28 August, 2018 / by

The latest census report released by Statistics Canada shows that there are more senior citizens who are 65 years and above than children who are 15 years and below. This unprecedented demographic shift can be attributed to the first baby boom generation recently turning 65 years or over, plus i...

Top 10 Canadian Cities To Live In

9 May, 2018 / by

5 common ways to pay for home renovations

28 April, 2018 / by

Making improvements to your home can improve its look and feel, increase its value, and enhance functionality. Even if you have some great ideas for home renovations, the most significant challenges arise when it comes to actually paying for your project. Fortunately, there are several ways you ...

The 10 Worst Places To Live In Canada: Your 2018 Guide

14 April, 2018 / by

In 2012, we wrote a series of articles about the worst cities to live in Canada. We looked at a variety of factors, such as the real estate market, the amount of crime, the amount of health care available, and what incomes are like in any particular area. The cities on this list were included fo...

Debt Consolidation and Refinancing Options for Canadian Homeowners

4 May, 2017 / by marketing

For many Canadians, paying off debt is the number one priority for achieving financial health. Unfortunately, debt in the form of high interest credit cards, auto loans, and personal lines of credit are difficult to pay off on a fixed budget. Research shows that Canadian families are facing bigge...

40% Drop in Vancouver Home Sales Dampens Canadian Market in December

22 January, 2017 / by marketing

Canadian home sales slowed last month, thanks to a 40% drop in Vancouver, the country’s most overheated market. Canada’s housing market regained momentum in December, but a sharp decline in Vancouver sales skewed an otherwise positive picture. National Sales Rebound in December Sales of Can...

Canada’s Economy Showing Signs of Life

16 January, 2017 / by marketing

An improving jobs market, higher oil prices and stronger exports all suggest the Canadian economy is on the gradual road to recovery. Canada’s economy sprung to life during the holidays, as exports rose and employment surged unexpectedly. Meanwhile, a measure of manufacturing conditions also im...

Canada’s Economy Shows Progress as Housing Market Awaits Fallout from New Mortgage Rules

14 November, 2016 / by marketing

Canada’s economy created 43,900 jobs in October, marking the first back-to-back gains in employment in over a year. On the housing front, real estate sales are diverging between East and West, as markets await the fallout from Ottawa’s new mortgage rules. Mixed Economic Cues The nearly 44,00...

Canadian Housing Market Remains Firm Despite Ugly Second Quarter for Broader Economy

21 September, 2016 / by marketing

Housing was one of the only bright spots in an otherwise ugly second quarter for Canada’s economy. Consumer spending and demand for housing were the main positive contributors to the Canadian economy in the second quarter, as Alberta’s wildfires led to the worst decline in GDP since the Great...

Is Housing Canada’s Last Economic Lifeline?

8 August, 2016 / by marketing

Canada’s economy is growing at its slowest rate in 60 years, with only housing preventing things from getting worse. Canada’s economy has seen better days. Gross domestic product, a measure of all the goods and services produced in the economy, is expanding at its weakest rate in 60 years.[1]...

How Brexit Could Impact Canada’s Housing Market

4 July, 2016 / by marketing

The United Kingdom's Brexit vote to leave the European Union last month dealt a massive blow to the financial markets, as heightened economic and political uncertainty triggered unrest across the globe. The aftershock of the referendum will have a prolonged impact on the global economy, inclu...

Canadian Real Estate Investing Continues to Pay Dividends

1 June, 2016 / by marketing

Real estate investing in Canada continues to pay dividends, with growth in house prices far outpacing gains in volatile equity markets over the past 12 months. Real estate investing remains a highly lucrative opportunity for Canadian investors. The average price of a Canadian home sold in March s...

Snapshot of Canada’s Residential Mortgage Market

21 March, 2016 / by marketing

  Introduction Canada’s housing market continued to prove its resilience in 2015, as the combination of rock bottom interest rates and a competitive finance system outweighed the negative shock of plunging oil prices on the economy. Actual home sales rose 10% on a year-over-year basis in Decemb...