Guest Blog Post By: Brandon Lacaille In today’s competitive seller market with house prices steadily rising, the goal of homeownership can feel daunting at times. The good news is that this goal is not as far-fetched as the younger masses may believe — and there are ways to prepare yourself successfully! Find an Honest […]
Continue Reading8 Simple Steps to Take Control of Debt
Is post-pandemic debt weighing you down? For many people, debt is an unavoidable fact of life. But the past two years of global turmoil has added financial pressure on many Canadians. According to a COVID-19 financial well-being survey conducted by the Financial Consumer Agency of Canada, over half of Canadians have been financially impacted […]
Continue ReadingCanada Brings in Changes to the Mortgage Stress Test June 1st
More change is coming for Canadians looking to get home financing. Proposed updates to the current mortgage stress test for applicants to get approval are kicking in June 1st. These changes are intended to defuse some of the unsustainable growth we’ve seen in the housing market over the past 18 months. Changes for […]
Continue ReadingChanges for First-Time Home Buyers — What You Need to Know
Did you know the Canadian government made changes to the First-Time Home Buyers Incentive (FTHBI) last week? Discover how the changes made on May 3rd, 2021, will ease the pressure on Canadians looking to enter the housing market in three key metropolitan areas below. What has Changed? The Department of Finance along with CMHC (Canada […]
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