Regardless of your political views, I think we can all agree that the election of Donald Trump is going to bring “uncertainty” to the Canadian real estate market, both from a global perspective and with possible trade tariffs. The world as we know it is going to...
The last several months have seen a change in Canadian mortgage rules to stimulate a stagnant housing market. We have summarized below:1. The threshold for mortgage insurance has risen to a $1.5 million purchase price. 5% down on the first $500,000 and 10% down on the...
2023 was a bad year for mortgage renewals. 2024 and 2025 will be worse.If you experienced a mortgage renewal from a 5-year fixed rate mortgage in 2023 you would have experienced about a 20% monthly increase in payments. This may have resulted in some pain; a...
It’s crucial to be mindful of your finances and find ways to save money. Here are 12 tips to help you save during these challenging times: 1. Create a budget: Develop a comprehensive budget that outlines your income and expenses. This will help you understand...
Please Note: Our Centum affiliate produced this article on investing strategies. Enjoy. Real estate investing is like a big game of Monopoly, except instead of plastic hotels and paper money, you’re dealing with real properties and actual cash. It’s all...
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