What do you do when you want to buy a home but don’t have money for a deposit — because all your money is tied up in home equity or investments?
Buying a home can be intimidating, especially if you’re a first-time buyer. You have to worry about mortgage approvals, contracts, closing procedures, fees, deposits and all the little things that can go wrong.
Those under 35 remain the most optimistic about purchasing a home, with many saying the pandemic has accelerated their homebuying intentions.
The minimum mortgage stress test rate dropped this week thanks to a fresh round of posted rate cuts by the country’s big banks.
Facing rapidly rising home prices in the GTA, last month the Liberals introduced a 16-point plan to cool the red-hot real estate market. Ontario’s Fair Housing Plan includes a number of measures to address the escalation of home prices in…