TORONTO — The Bank of Canada cut its key lending rate by half a percentage point on Wednesday over concerns of the novel coronavirus. Here’s some of...
Hannah Nordman started an emergency savings fund the moment she finished paying off her student loans. The Calgary-based marketing and communications co-ordinator became debt-free two years...
The federal government is changing the stress test rate for insured mortgages starting April 6.
MONTREAL — The Quebec Professional Association of Real Estate Brokers says Montreal area home sales rose 13 per cent in November compared with a year earlier....
TORONTO — When Chris Pollard wanted to list his Toronto condo, he decided to try a private sale in his neighbourhood first. And thanks to a...
Ok, you are buying a home or just wanting to refinance your current mortgage, you have submitted the application and you have been approved! Great, your...
When Krystal Yee finished college and entered the workforce, she set a goal much like many other graduates: find a way to save enough to buy...
For most Canadians buying a home requires a mortgage, and to get a mortgage you need credit! Here are 3 simple rules to follow to ensure...
OTTAWA — Household income grew slightly faster than debt in the second quarter as the amount Canadians owe relative to their income edged down for the...
WHAT IS THE DIFFERENCE BETWEEN THE MORTGAGE TERM AND AMORTIZATION?In Canada, a mortgage contract contains all the conditions that you follow while you have your mortgage....