Last year, we provided a pretty thorough breakdown of what closing costs consist of when buying a new home in the Greater Toronto Area. Many buyers are unaware of what fees are due upon closing, and guess what? There’s more.
You cut corners and scrimped for years to come up with that down payment – but your saving days are far from over once you’ve achieved homeownership. In fact, you’ll need to take your commitment to socking cash away to a whole other level.
Some people are on vacation, some are staying home and trying to save money. Typically, the housing market heats up in the spring and slows down in the summer. It was the opposite this year, which inspired us to focus on money saving tips!
Summer just started and we’re already on our second heat wave. One thing that happens during the summer is that everyone’s water use goes up. So we’re sharing a few tricks to help you save water at home this summer.
The GTA region is in for a long, hot summer, according to early climatologist forecasts – and given our fair city just endured an unusually cold and lingering winter (an ice storm in April, what gives?) news of rising temps is music to Torontonian ears.
A new year usually means bringing out the bubbly – but homebuyers are less inclined to cheers the beginning of 2018, as January 1st ushered in regulations that make it tougher to get a mortgage.
Guideline B-20 is the latest crop of
Starting January 1, 2018, all uninsured mortgages will have to undergo a stress test, meaning you need to be approved at 2% higher than your agreed upon rate. This news has many people scrambling to secure a mortgage before the end of the year,