Real Estate

What is a trigger rate? It’s a question that many homeowners thought they’d never have to ask. However, since the Bank of Canada has steadily raised interest rates, it’s a topic that has crossed the minds…

Do you know what is a variable rate mortgage? While it’s true that a variable rate mortgage is the opposite of a fixed rate mortgage, many people don’t realize that there are different types of…

Do you know what is mortgage insurance in Canada? It doesn’t matter if you’re a first-time home buyer or looking to upgrade. Some people will say mortgage insurance is a must, while others say it’s…

If you are in the market to buy a new home, you’ll want to know what is a mortgage pre-approval. Essentially you can find out the what interest rate and how much you’ll be approved…

If you’re looking to buy a home, the odds are you’ve asked yourself how much mortgage can I afford in Canada? This is an important question to ask since the amount of mortgage you’re approved…

With interest rates rising and the real estate market cooling, some buyers have found themselves in a tricky situation. They’re no longer able to get the mortgage they previously qualified for, which has left some…

What is the Tax-Free first home savings account (FHSA)? The FHSA is a new account that was introduced in the 2022 federal budget and is set to be available to Canadians in 2023. It basically…

Anyone who owns a home might want to know what is a home equity line of credit (HELOC). If you are looking to borrow some money for home improvement projects, large purchases, or another expense,…