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Real Estate

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
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

Buying

High borrowing costs, record completions lead to condo oversupply

Condo prices in the Greater Toronto Area fell as the number of active listings grew. Experts predict a gradual...

High borrowing costs, record completions lead to condo oversupply

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Mortgages

What is porting a mortgage in Canada—and when should you do it?

While there are many factors to consider, porting a mortgage makes the most sense when your existing mortgage rate...

What is porting a mortgage in Canada—and when should you do it?

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Tax implications of adding a child’s name to your rental property

To fully understand the potential tax outcomes, consider legal versus beneficial ownership, the capital gains inclusion rate, changes to...

Tax implications of adding a child’s name to your rental property
Applicant asks why mortgage renewal at her bank was denied

Mortgages

What to do when your mortgage renewal is declined

Though interest rates may be falling, many homeowners are still experiencing “rate shock” upon renewal—and in some cases, getting...

What to do when your mortgage renewal is declined
senior couple on balcony of home

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Why a reverse mortgage should be a last resort for most Canadian retirees

Reverse mortgages do the job of freeing up income for house-rich, cash-poor Canadian seniors. But their terms are often...

Why a reverse mortgage should be a last resort for most Canadian retirees

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Real Estate

Open bidding in Ontario: Game-changer or business as usual?

An Ontario law came into effect last year, designed to add transparency to the home-bidding process. Has it changed...

Open bidding in Ontario: Game-changer or business as usual?

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