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Buying

Investing

Canadian Financial Summit 2024: MoneySense sessions and free tickets

Canadian Financial Summit 2024: MoneySense sessions and free tickets

Real Estate

I want to switch mortgage lenders—do I have to pass the stress test again?

If you have an uninsured mortgage, it’s about to get easier to look for better interest rates elsewhere.

I want to switch mortgage lenders—do I have to pass the stress test again?
A couple receive the keys to their new home from a realtor

Real Estate

The tax implications of buying a second home in Canada

Vacation or rental property, or both? Here are the taxes you can expect on a secondary property in Canada,...

The tax implications of buying a second home in Canada
The streetview of a white house with red trim and a white picket fence in the fall

Real Estate

How to use equity to buy a second home

We look at four common ways of financing the purchase of a second property using equity built up in...

How to use equity to buy a second home

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A newly renovated kitchen of a rental property

Real Estate

Down payment for a second home in Canada: How much do you need?

Second homes and rental properties have their own down payment requirements. Here’s what to expect when buying a second...

Down payment for a second home in Canada: How much do you need?
Young twin girls hold hands and dance, excited by their family's purchase of another home.

Real Estate

It’s possible to be a first-time home buyer twice—here’s how

Some government programs apply a flexible definition of “first-time home buyer.” Find out what it can mean for you....

It’s possible to be a first-time home buyer twice—here’s how
Lights glow in front a modern two-storey home at dusk

Real Estate

Second mortgages in Canada: What are the rules?

Interested in buying a second property? Familiarize yourself with the mortgage rules first to make sure it’s the right...

Second mortgages in Canada: What are the rules?
A man and woman celebrate the purchase of their second home by dancing in the living room

Real Estate

Buying a second home: How it works in Canada

Here’s what home owners and investors should know about the rules, financing options and tax implications of buying a...

Buying a second home: How it works in Canada

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Deputy Prime Minister and Minister of Finance Chrystia Freeland speaks to reporters at the Liberal caucus retreat in Nanaimo, B.C., sharing the news of the the price cap for insured mortgages in Canada going from $1M to $1.5M.

Mortgages

New mortgage changes for 2024: Wider access to 30-year mortgages and more

Liberals announce expansion to mortgage eligibility, draft rights for renters, buyers.

New mortgage changes for 2024: Wider access to 30-year mortgages and more

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