How much should you save for a down payment?

It’s the one of the first questions you ask when decide you want a home: how much do I need to save to afford a down payment?

What the Bank of Canada rate hike means for your mortgage, loans and money

This morning the Bank of Canada raised interest rates for the first time in nearly seven years, which means there’s going to be a few changes for your finances

Bank of Canada raises interest rates for first time in nearly seven years

The Bank of Canada raised interest rates for the first time in seven years Wednesday, bringing the benchmark rate 25 basis points higher to 0.75%

Has the Toronto housing bubble burst? Prices have dropped $126,876 since April

The Toronto home price correction is on, according to the Toronto Real Estate Board (TREB)

These are the worst Toronto apartment listings we came across in June

Apartment hunting in Toronto is a nightmare, and we’re always on the lookout for tales to remind you of that.

New mortgage stress tests not stopping first-time homebuyers from buying houses

A new study reveals that despite newly introduced housing market rules, first-time buyers are still motivated to buy homes in Canada

One in every four Canadians ‘in over their heads’ with mortgage payments

The threat of a housing bubble has loomed over the Canadian markets for years, but now that higher interest rates are coming, many Canadian homeowners are worried about making ends meet

Renting a Toronto condo became much more expensive after new housing rules introduced

The average rent for a Toronto condo hit an all-time high in the second quarter, despite the release of Ontario’s Fair Housing Plan, which was designed to cool the market

Why do Canadian cities refuse to release flood zone maps?

Many insurers are also no longer offering flood insurance in some areas that have flooded recently because the premiums would be unaffordable for most policyholders

Vancouver to vote on legalizing short-term rentals like Airbnb

A vote next week could legalize short-term rentals in Vancouver, but is also expected to place a number of restrictions on anyone looking to list their properties on services like Airbnb.

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