House hunters: 7 tips for buying in a seller’s market
Record-low mortgage rates, combined with a low supply of available homes, have created a cut-throat market for buyers across the country. You may not win your very next bidding war, but following these tips...
What happens at the end of a reverse mortgage?
Myth: seniors who sign reverse mortgage contracts will lose possession of their homes. In fact, there are three common ways for the loan to wrap up. Here are the details. ...
Marriage or mortgage: Which is the better investment?
Couples are sometimes torn between making their wedding a big celebration and starting their financial life together on the right foot. ...
Home economics: How moving to a smaller city can reap big financial gains
Leaving Toronto for Winnipeg, the author pocketed 113% in real estate gains—and experts say there are still profits to be made in the Canadian housing market. ...
Home equity options: When should you choose a reverse mortgage over a conventional mortgage...
These products may seem similar, because they all give you access to the value that’s tied up in your home. But they are not the same, and each should be considered carefully. ...
Ways to finance a home renovation in Canada
With the pandemic keeping more of us at home, for more hours of the day, about a fifth of homeowners have their eye on a renovation in the near future. The big question for...
Home buyers: How large should your down payment be?
Is it best to maximize your down payment on a house or condo purchase, or keep some money to invest? ...
Should you help your adult children to buy real estate?
With home ownership becoming increasingly difficult for millennials to achieve, many are turning to the Bank of Mum and Dad for help. Some investment pros warn against giving it. ...
Post-election 2021 update: Would the parties’ housing proposals help you afford a first home?
With the Liberals forming another minority government, the Conservatives and NDP can still play a role in shaping housing policy. But would any of the parties’ proposals truly move the dial on affordability? ...
Should you take RRSP withdrawals to pay down debt?
With a partner out of work, this reader is considering a RRSP withdrawal to try to reduce her mortgage payments. Should she? ...