Here is what may be in store for Toronto's housing market in 2024 Skyrocketing borrowing costs coupled with economic uncertainty left many potential homebuyers in the GTA sitting on the sidelines in 2023.But sluggish Toronto home sales may not be the story ...

Can you file multiple years of income taxes together in Canada?Yes, you can file income tax returns for previous years. But with opportunity comes some things to consider first, before you hit Netfile. Photo by Los Muertos Crew from Pexels Tax season is approaching. Soon, more than ...

Down payment for a second home in Canada: How much do you need? Second homes and rental properties have their own down payment requirements. Here’s what to expect when buying a second property. Photo by Roam in Color on UnsplashIt’s not only first-time ...

Can a first-time home buyer have a mortgage co-signer? If you don’t qualify for a mortgage or you need more buying power, getting a co-signer may be an option. More on this and other home-buying strategies.Image by pch.vector on FreepikIf you’re in the market ...

Buying pre-construction: What if your home is worth less than you paid?Due to rising mortgage rates and falling home prices, some pre-construction home buyers are facing financing issues. Let’s look at their options. Image by FreepikMany Canadians bought pre-construction homes and condos ...

After nearly two years of interest rate increases, cuts may be on the horizon—here’s what that means for current and prospective home owners.If you have a mortgage on your home or have been trying to break into the housing market, you’ve probably watched interest rates go up, up, up over the ...

On January 24, 2024, the Bank of Canada announced it would be holding its overnight lending rate steady at 5%.The Bank of Canada announced on January 24 that it would be holding its overnight interest rate steady at 5%, which is prompting economists with TD Economics to forecast that the first ...

With about 14 per cent of Canadian mortgage holders set to renew their loans this year, the CEOs of the country’s big banks say they’re confident the resulting interest-rate hikes won’t crush customers or lead to a wave of defaults.  Several bank chief executive officers suggested Tuesday ...