Buying a house is an exciting journey, one filled with dreams, decisions, and, yes, some paperwork and additional expenses. With sky high prices in Southern Ontario, especially Brampton, Toronto, Mississauga, and Oakville, buyers need anywhere between 25,000 to 75,000 for down payment to buy a townhouse. On top of that,...
7 Important Questions To Ask Realtors Before Hiring Them in 2024
We all know that feeling of searching for that one perfect match who understands exactly what we need – especially when it comes to finding the right realtor. Many factors affect your choice from local experience to the realtor’s personality. Whether you get realtor recommendations from family or find them...
How Much Cash Do You Need Across Canada To Buy A Home In 2024?
Ever feel like your rent payments are just covering your landlord's mortgage? Curious about how much money you'd actually need to buy a house in Canada? Well, that depends on where you live. Let's explore what it takes to transition from tenant to homeowner across the country. Current picture of...
Is It The Right Time To Buy A Second House?
A second house is different from an investment property. It could be a weekend property, vacation home, or even a condo that you use as your home during the week. If a certain situation requires you to buy a second home, you can still find the best window where house...
Bank of Canada Might Lower Rates Due To Weak Economy
Buyers, sellers, realtors, and mortgage agents have all been waiting for mortgage interest rates to drop. Here’s an update on that topic. The US and Canadian economies are tightly connected to each other and most of the time the Bank of Canada changes rates depending on how the US is...
How To Participate in the RRSP Home Buyer’s Plan?
An RRSP, or Registered Retirement Savings Plan, is a savings account in Canada designed specifically for retirement. When you put money into an RRSP, you don't pay income tax on that money for the year you earn it, which directly lowers your annual taxes. Every year you also make a...