When Mortgage Rates Go Up, they Often Come Down
When mortgage rates were on the rise in August and September, they had home buyers and those looking to renew their mortgage in a panic. Rates rose significantly and pretty quickly, and had experts and analysts claiming that the predicted doom was here and that it would send our housing market into a tailspin. However,…
Read moreTips for Home Renovations on Older Homes
We started off this week looking at a survey that showed that the majority of Canadians are planning on making home renovations within the next 12 months. But what about when it comes to renovating older homes? Homeowners and contractors alike can sometimes be intimidated by this thought simply because older homes are a bit…
Read moreShould the Government Put Housing First?
If you were to ask most Canadians, they’d probably say that the federal government has already put housing and the concerns that go along with it first on their agenda. After all, everyone seemed good and fed up last year when Finance Minister Jim Flaherty instated new mortgage rules – the fourth time in just…
Read moreA Look at Reno Stats in Canada
One of Canada’s biggest banks – Scotiabank – has teamed up with two of Canada’s favourite renovators – Jonathan and Drew Scott of Property Brothers – to look into the renovation habits of Canadians. From how much they’re planning to spend, to what renovation projects they have brewing, and if they’re going to hire help,…
Read moreMost Condo Owners Unaware of what Home Insurance Covers
Home insurance is pretty easy when you live in a single-family home. You need insurance for any disaster that could strike your home, for major repairs such as roofing that you may need to cover, and you need to protect your home from things like theft. But what about when you live in a condo?…
Read moreMoney Talks: Volume 45
It’s bound to happen. You can keep chugging along reading all the news stories you can get your hands on and making sure you’re continuously informing yourself, but this is bound to creep up on you at some point or another. You’re going to come across a slow news week. That’s just what we’re facing…
Read moreDo You Agree with the Montreal Real Estate Board?
A problem has arisen in Quebec, and it once again has many in the province talking about separating. This time, from the Canadian Real Estate Association, the agency that fills us in on what home sales around the country are doing and continues to keep its eye on the national housing market. But if the…
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