Category: First Time Homebuyer

Buying a condo? Check out the reserve fund
Thinking of buying a condo in Toronto? Here are the key points to know so you can understand the reserve ...
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Self employed? Mortgage planning is *key*
What you need to know about getting a self-employed mortgage If you're an entrepreneur, small business owner, consultant, or work ...
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Fixed or variable rate mortgage: which is better?
Fixed or variable rate mortgage: is rate the only thing to look at? One of the biggest questions you'll face ...
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Understanding mortgage rates
This is why mortgage rates are suddenly way more complicated If you’ve been shopping for a mortgage lately, you’ll have ...
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How to buy your first home by 29
What's the rush? The financial "why" HSBC did an interesting study in the UK in 2014. It suggested that if you buy ...
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“Conditional on financing”: the most important part of your offer
"Conditional on financing" - do I need this? When you find the condo or house of your dreams, and want ...
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Stress test yourself!
Do your own personal stress test There's been a lot of freaking out about the latest rendition of the mortgage ...
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New mortgage stress test for 2018 – why you might want to buy or refinance *now*
Purchase - or refinance - before the rules change in January If you’re looking to buy with a down payment ...
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Do you look like the next generation of homebuyers?
First-time homebuyers survey This past June, Mortgage Professionals Canada published their survey results on the next generation of homebuyers - ...
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Pre-approvals made simple
The ins and outs of mortgage pre-approvals When you’re house hunting, it’s important to know the amount of mortgage you ...
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Mortgage approval strategies can help make your dream a reality
You can improve mortgage qualifying success Yes, new mortgage rules have made it harder to qualify for a mortgage, whether ...
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Mortgage default insurance going up March 17
We're all looking to save a little money - every little bit helps. If you're planning to buy with less than ...
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