Sunday, March 26, 2023

Why the mortgage stress test isn’t the villain it was made out to be

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The mortgage qualifying tool has been subject to plenty of criticism. However, with rising interest rates, it may be a saving grace for many Canadians. ...

What home buyers should know about the Canadian mortgage stress test

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Planning to get a mortgage from a federally regulated lender? The stress test will affect you. Here’s what to know about the rules. ...

The complete guide for first-time home buyers in Canada

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How much can you afford on your first home? Should you buy or continue renting? We answer these questions and more in our stress-free guide for first-time buyers. ...

Now’s not the time to switch to a fixed-rate mortgage

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As interest rates climb, variable mortgage rate holders may start to panic. Here’s why you should avoid the temptation of going fixed right now. ...

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