How does a home warranty differ from an insurance policy? During a storm, a large tree topples down onto your brand-new house, severely damaging the roof. Do you have a new house warranty or homeowners insurance that would cover this? But what if you discover a leak in your skylight when you get up in […]
How does a home warranty differ from an insurance policy? Read More »
Facts to know when shifting from variable mortgage to a fixed rate Some homeowners may be asking if they should lock in their variable mortgage rate now before it gets even higher later on, given that rates for variable mortgages are on the rise. It’s not a “foregone conclusion that everyone should be switching to
FACTS TO KNOW WHEN SHIFTING FROM VARIABLE MORTGAGE TO FIXED RATE Read More »
An increase in fixed rates by lenders, brings them closer to 4.5% The previous week saw a rise in bond yields, which led to an increase in the variable and fixed mortgage rates offered by lenders across the country. Rates on 5-year fixed mortgages have been increased by 20 to 25 basis points at major
An increase in fixed rates by lenders, brings them closer to 4.5% Read More »
Canada’s housing affordability declines the most in 27 years. A mortgage for the average home in Canada will cost Canadians more than half of their household income for the first time since the mid-1990s. The National Bank of Canada (NBC) noted in its latest Housing Affordability Monitor report that housing affordability in Canada has worsened
Canada’s housing affordability declines the most in 27 years. Read More »
An increase in fixed rates by lenders, brings them closer to 4.5% The previous week saw a rise in bond yields, which led to an increase in the variable and fixed mortgage rates offered by lenders across the country. Rates on 5-year fixed mortgages have been increased by 20 to 25 basis points at major
An increase in fixed rates by lenders, brings them closer to 4.5% Read More »
Canada’s housing affordability declines the most in 27 years. A mortgage for the average home in Canada will cost Canadians more than half of their household income for the first time since the mid-1990s. The National Bank of Canada (NBC) noted in its latest Housing Affordability Monitor report that housing affordability in Canada has worsened
Canada’s housing affordability declines the most in 27 years. Read More »
