Money Talks: Volume 46
Mortgages, real estate, and finance, oh my! Yes, the news headlines have once again opened up to include every aspect of the mortgage and housing market, and there’s even some Thanksgiving news thrown in there too. With that said, here’s our 46th edition of Money Talks. Personal Finance You’ve been working so hard to save…
Read moreUptick in Housing Starts; but is that Good News?
According to the Canada Mortgage and Housing Corporation, there was an increase in housing starts during the month of September, but that doesn’t mean that they’re forecasting good news for the Canadian market. Housing starts weren’t just up in September when compared with the month before, they were also approximately 10,000 more than experts and…
Read moreWhen 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?…
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