CMHC tightens mortgage rules in latest response to COVID-19
Changes designed “to protect future home buyers and reduce risk” will took effect July 1, 2020.
Real Estate
“I’m worried about being priced out of my apartment”
Now that the rental market is so hot, Sally's choice to rent has left her feeling trapped—and scared that...
Does a spouse’s real estate ownership cancel out first-time homebuyer qualifications?
Meredith’s husband purchased a condo before they got married. She’s never lived in it, and wonders if she can...
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What an interest rate hike could mean for you
Mortgage rates have been falling since the 1980s—but that trend can’t continue forever.
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Is it best to own a first home as an income property or primary residence?
Larry wonders if he will lose his ability to use first-time home buyers’ programs if he rents out the...
Little-known tax deductions landlords should consider
From travel costs to collect rent, to picking up the tab for a service provider’s lunch, to the cost...
Advice for cash-strapped renters and landlords during COVID-19
The first step is calculating how much money you need to cover necessary expenses, and compare that with how...
How to protect personal assets if your business fails
With COVID-19 protective measures crushing her already struggling business, Annette fears losing her home if she's unable to repay...
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What to do with a rental property when you owe more than it’s worth
Oil prices have tanked and Renee wants to sell her rental property in Fort McMurray, but she owes more...