Scams homebuyers need to know as almost no prospects of recovering the money There is another type of fraud, with significantly large monetary losses, that people, particularly homebuyers, should be aware of besides scam calls. Earlier this month, online scam expert Ben Taylor, known as Pleasant Green on YouTube, told Yahoo Canada […]
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Canadian mortgage rates decreases to the lowest level in 2 years
Canadian mortgage rates decreases to the lowest level in 2 years House prices may be as high as ever in Toronto in June, 2019, but Toronto homebuyers are being offered some of the lowest mortgage rates seen in 2 years as lenders battle to drum up new business. Rates on a standard […]
New mortgage stress test rules kick in
In toronto real estate, new rules aimed at stimulating it harder to get a mortgage take effect today, October 17, 2016, a move that is bound to have an impact on demand for homes in Canada. Earlier this month, Ottawa announced the moves, which boil down to a stress test for all insured mortgage […]
Buying a home – Buyer’s guide
Buying a home – Buyer’s guide 1. Start with your credit. Credit reports are kept by the three major credit agencies, Experian, Equifax, and TransUnion. They show whether you are habitually late with payments and whether you have run into serious credit problems in the past. A credit score is a number calculated […]
