Is it time to repeal the B-20 stress test? Image

Is it time to repeal the B-20 stress test?

An interesting article caught my eye at the end of last week - executives at Mattamy Homes and the Canadian Home Builders’ Association believe that the B-20 stress test should be repealed or at the very least reduced. 

Read More
See what this first-time buyer has to say about applying for a mortgage Image

See what this first-time buyer has to say about applying for a mortgage

Getting pre-approved is one thing, but when it comes to applying for a mortgage, the process can be confusing and intimidating, especially if you’re a first-time buyer. There’s an extra layer to the process if you’re buying a new

Read More
Homeowners still wary of growing legal weed: survey Image

Homeowners still wary of growing legal weed: survey

Legalization day is officially upon us – Canadians can now buy and consume cannabis, as well as grow up to four plants within a private residence in most provinces, under the newly-minted federal Cannabis Act. However, while it’s no

Read More
A surprising amount of couples aren’t talking about money and debt issues Image

A surprising amount of couples aren’t talking about money and debt issues

Manulife Bank of Canada recently commissioned Ipsos to conduct a survey about financial issues at home and confiding in a significant other. The results are shocking and unsurprising at the same time.  

Read More
It will soon be easier for self-employed Canadians to qualify for a mortgage Image

It will soon be easier for self-employed Canadians to qualify for a mortgage

The Canada Mortgage and Housing Corporation is making it easier for self-employed Canadians to apply and qualify for mortgages.

Read More
See what scares this first-time buyer the most Image

See what scares this first-time buyer the most

Going through the homebuying process for the first time can be intimidating. There are many steps, a lot of paperwork, lawyers get involved, and you’re making deals with hundreds of thousands of dollars.

Read More
The TOcore plan could hurt first-time buyers Image

The TOcore plan could hurt first-time buyers

To get an expert’s perspective on some of these market factors, we reached out to Ben Myers, President of Bullpen Research & Consulting Inc., and picked his brain on a few of these hot topics.

Read More
How the stress test is actually helping buyers Image

How the stress test is actually helping buyers

“Buyers knocked out of the market by the stress test are being saved, not persecuted,” says Globe & Mail writer Rob Carrick in a recent article.

Read More
4 major hurdles for first-time buyers and how to get over them Image

4 major hurdles for first-time buyers and how to get over them

When it comes to buying your first home, there are many hurdles to leap. The high prices in the Greater Toronto Area (GTA) add to the intimidation factor if you’ve never gone through the homebuying process before.

Read More
Big banks hike interest rates, but don’t panic Image

Big banks hike interest rates, but don’t panic

Following TD, Royal Bank, Bank of Montreal and CIBC, Scotiabank is the latest of the Big Five banks to hike its benchmark interest rate, up to 5.34% from 5.14% effective immediately.

Read More

Follow NewInHomes.com