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by Jeremy
A new report released today shows that Canada’s rental market is worse than we thought, and it’s becoming less and less affordable for renters. Just more evidence to support why buying a home is the more cost-effective solution to housing right now. “With 850,000 lower-rent units lost in the last decade, our rental sector is ill prepared for any downturn in the housing market,” Brad Woodside, the president of the FCM, says in the introduction to the study. “One in five renters pays more than 50 per cent of their income on housing.” — Federation of Canadian Municipalities Report A third of Canadian households reportedly…
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Posted by Jeremy
Stories about Canadians’ household debt are making headlines this week, and whether or not the hype is true,…
Posted by Jeremy
If you’re self-employed, you may have a more difficult time obtaining financing for that home, but there’s still…
Posted by Jeremy
A new study conducted by Genworth Financial, shows that millennial homebuyers are well-educated, financially literate and doing their…
Posted by Jeremy
The Canadian federal budget for 2015 was announced yesterday, and it brings with it some consumer-friendly benefits. Dealing…
Posted by Jeremy
Genworth Financial recently polled 1,800 first-time homebuyers in Canada to get a feel for what that demographic looks…
Posted by Jeremy
Canada’s two biggest mortgage insurers both raised their premiums by 15% this week, bringing changes to the mortgage…
Posted by Jeremy
It’s no secret that Calgary’s economy hasn’t been so kind to many, with several major companies announcing huge…
Posted by Jeremy
In fraud prevention, there’s a general rule of thumb: if sounds too good to be true, it usually…
Posted by Jeremy
March is Credit Education Month, and coincidentally there have been a lot of headlines lately about scams and…
Posted by Jeremy
Internet and social media scams are on the rise in Canada, and since it’s Fraud Prevention Month, it’s…
Posted by Jeremy
March is Fraud Education Month in Canada, and it’s the perfect time to get educated on what mortgage…
Posted by Jeremy
Good morning, As you know, your variable rate mortgage, line of credit and/or student loans are all based…
