Author: Bhaishmi Anandathirthan
Budgeting and Saving Tips when paying a mortgage
One of the biggest challenges in personal finance is figuring out ways to spend less money. This is especially crucial when you have made a huge investment in buying a new house and your mortgage payments are due on top of the other expenses. While
You’re in the market for a home and you’ve put together a short list of potential properties. There’s even one with the exact number of bedrooms you need, just enough square footage, and that renovated kitchen you’ve been dreaming of – and it all looks good in the photos.
But while a pi
A recent study by CIBC indicated that nearly half of all mortgages in Canada (47%) are due for renewal during 2018. (Original source) Making decisions about the best mortgage option is in the minds of millions of homeowners now more than ever.
When shopping around for a mortgage, there’s more
As someone who is first time home buyer, the idea of buying a house could be terrifying. It could seem like a goal for the future, or when you have enough money saved.
But what does that mean? Saving enough for a down payment? Or securing enough money where you can live comfortably in a home?
You might wonder what you get out of all that equity and why its raved about. The short answer is that it's an asset that you can trade for any monetary transaction. Of course, There are benefits to paying off your loan early, the first, and most substantial, is you will pay less interest over the
HSBC Canada cut its five-year variable mortgage rate to 2.39 percent as banks compete for customers amid a slump in home sales.
The Canadian division of London-based HSBC Holdings Plc also cut its five-year fixed rate for some mortgages to 3.09 percent, the lender said in an emailed statement. Bo
While the Toronto housing market in 2018 is overshadowed by severe house supply shortages and ultra-high prices; the condo market in Toronto and Mississauga is an attractive alternative for young buyers.
It was a year of extremes in Toronto's new-home market, with pre-construction sales of single
Buying a house can be expensive, but it is not impossible.
Based on the purchase price, saving for a downpayment of a property is one of the first steps to acquire a house. A down payment is the amount of money you pay upfront for a property to get your mortgage. It is typically done in cash and
Buying real estate is about more than just finding a place to call home. Investing in real estate has become increasingly popular and has become a common investment vehicle thanks to the torrential rises in real estate prices these past decades. It can be overwhelming for a first-time investor, as