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Mortgage affordability

MoneySense executive editor Lisa Hannam stands in front of text saying ”How the Bank of Canada’s Interest Rate Affects you.“

Financial literacy

Video: How the Bank of Canada’s interest rate affects you

The Bank of Canada’s interest rate affects everything from your savings account to your mortgage payments. Learn more in...

Video: How the Bank of Canada’s interest rate affects you
A retiree with her adult child's own family at their first home, thanks to the FHSA

Retired Money

How retired parents can use the FHSA to help their adult children

Canada’s new first home savings account nicely complements earlier real estate programs. Retirees with grown adult children should take...

How retired parents can use the FHSA to help their adult children
A series of red brick townhouses in Canada

Real Estate

What’s affecting Canada’s real estate and housing market?

Thinking about buying or selling a home in Canada? These seven factors will shape the housing market this year.

What’s affecting Canada’s real estate and housing market?
The exterior view of a bungalow that will serve as the buyer's vacation home

Real Estate

Can I afford to buy a second home?

A second home can serve many purposes, from a vacation destination to student housing for your children. Here’s how...

Can I afford to buy a second home?

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Exterior view of the upper floor of a home on a cloudy fall day

Columns

Housing affordability: What happens when lower home prices take on higher borrowing costs?

Borrowing costs are increasing as Canada experiences the fastest drop in home prices since the 1980s. Have we reached...

Housing affordability: What happens when lower home prices take on higher borrowing costs?
A dog stands in the middle of a neighbourhood road at sunrise

Real Estate

Why now might be a good time to be a first-time home buyer in Alberta

Alberta is an attractive place to buy a first home. We look at what first-time buyers can expect in...

Why now might be a good time to be a first-time home buyer in Alberta
Three pairs of shoes are nicely placed in the entryway of a home

Real Estate

Read this before applying for the First-Time Home Buyer Incentive

The FTHBI promises to help make real estate more affordable, but there’s a catch: It’s a loan you have...

Read this before applying for the First-Time Home Buyer Incentive

Mortgages

Watch: Does debt impact your mortgage application?

Watch: Does debt impact your mortgage application?

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Mortgages

Watch: What is mortgage affordability?

Watch: What is mortgage affordability?

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