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Featured Articles

  • Home Insurance Savings Guide: 21 Things That Impact Your Rate
    Your home is probably your biggest investment and the best protection for that investment is home insurance. But what specifically affects your home insurance rate? As you make your house your home, we break down some of the things that may influence the rate you pay for your home insurance coverage.
  • As Interest Rates Inch Higher Will Fixed Rate Mortgages Become More Popular?
    It's been a busy year for the Bank of Canada. For the fourth time since July 2017, the Bank of Canada has increased its policy interest rate 0.25 per cent so that it now sits at 1.5 per cent. Learn how this latest hike might change the mortgage market in Canada.
  • Bank of Canada Raises Interest Rate to 0.75 Per Cent
    For the first time in seven years, the Bank of Canada has raised its target for the overnight rate to 0.75 per cent from 0.50 per cent. The last time the Bank of Canada increased the rate was back in 2010 and for the last two years, the overnight rate has been sitting at 0.50 per cent.
  • The Reality of the Millennial Homeownership Dream
    If you're a millennial in Canada, or the parent of one, a recent HSBC survey suggests that the dream of homeownership isn't dead, it just requires some help-and work-to bring the dream of buying a home to life.
  • How Your Down Payment Affects the Total Cost of Your Mortgage
    At the risk of stating the obvious, the bigger the down payment, the smaller the mortgage, which in turn saves you a considerable amount of money in interest costs. But, how much in savings on interest are we really talking about?
  • The Cost of Mortgage Loan Insurance in Canada
    Buying a house can be costly, and for the majority of us, the only way to make that dream a reality is to get a mortgage. Yet, with housing prices being what they are, many Canadians find it difficult to save up the needed 20 per cent down payment to avoid paying for mortgage loan insurance.
  • CMHC to Increase Mortgage Insurance Premiums
    The Canada Mortgage and Housing Corporation (CMHC) is increasing its mortgage loan insurance premiums. The new mortgage loan insurance premium increase will come into effect on St. Patrick's Day, March 17th, 2017. Will you be affected?
  • (Buying a) Home for the Holidays?
    House hunting isn't typically associated with the holiday season, but if you're in the market to buy a home there's no need to give up the hunt just because it's the off-season. In fact, there are those who would argue that house hunting in the off-season offers buyers unique opportunities that don't exist during the traditional home buying season.
  • What Impacts Your Home Insurance [Infographic]
    From the roof to the basement to the garage, there are many things that go into your home insurance rate. But what specifically affects your home insurance rate? As you make your house your home, we've identified a few things that may influence the rate you pay for your home insurance coverage, and illustrated them in this infographic.
  • First Time Home Buyers Guide: Getting Ready For The Big Buy
    Taking that first step on the property ladder is one of life's biggest decisions. Sounds ominous, doesn't it? It doesn't have to be; you'll have plenty of help along the way and the first time home buyer's guide will help you break it all down into easy bite-sized pieces.
  • Tips To Pay Off Your Home Mortgage Sooner
    If you intend to pay off your home mortgage as quickly as possible, then you're in the majority; a survey claims that more than 75 per cent of new homeowners said being mortgage-free sooner was their goal. Of course wanting to be mortgage-free sooner is easier said than done, but there are some tips that can help you reach your goal quicker.
  • How To Save $25,000+ On Your Mortgage
    Buying a house can be costly, but owning your own home is a dream that's hard to ignore-and for most of us, taking out a mortgage is the only way to make that dream a reality. So what can you do to cut down on the interest and other costs of borrowing? Here are a few tips to save.
  • Title Fraud in Canada: Keeping The Roof Over Your Head, Yours
    Real estate fraud in Canada is a booming business, and while the vast majority is perpetrated against financial institutions in the form of mortgage fraud, it's title fraud that hits home and strikes fear in homeowners. Learn how it happens and how to protect yourself.
  • Housing Market Trends in Newfoundland: A Growing Natural Resources-Based Economy Provides Strength
    With a boom in both the energy and resources industries, the economy in Newfoundland has taken off in recent years, with unemployment rates reaching their lowest levels in 26 years. Timing the real estate market can be difficult, but those who are looking to buy, sell, or invest in real estate may be interested in exploring the housing market trends in this flourishing area of Canada.

  • Edmonton Housing Trends
    Paying attention to housing market trends in Edmonton may be helpful for investors who are trying to time their real estate investments, home buyers who want to purchase real estate at the best time, and those who wish to keep abreast of the general health of the Alberta economy.

  • New Mortgage Rules Kick In To Cool Canadian Housing Market
    New mortgage rules came into effect on July 9th, 2012 in Canada....

  • Buying A Home? You May Need To Save For A Bigger Down Payment
    In the new year, home buyers may have to save up a little more for a down payment. The minimum down payment required to qualify for mortgage loan insurance will increase from five per cent to 10 per cent for the portion of the house priced above $500,000. See what this really means in dollars and cents.

  • Bank Of Canada Cuts Interest Rate To 0.50 Per Cent
    The Bank of Canada has lowered its target for the overnight rate by one-quarter of one percentage point to 0.50 per cent. This is the second time this year that the Bank of Canada has lowered the rate, after about 5 years of sitting at 1 per cent.

  • Prime Rate Drops: What Does this Mean For Canada's Mortgage Rates?
    The Bank of Canada started off 2015 by announcing a reduction in the overnight rate by 25 basis points, dropping from 1 per cent to 0.75. We look at what this means for your mortgage rates. If you have a variable rate, the change might bring good news.

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