Buying a More Expensive Home With Less Than 20% Down: Options and Risks
A smaller down payment can open more doors, but the larger mortgage behind those doors…
-
-
Canada’s November 5th Federal Budget Proposes Housing Changes. Could They Make Buying More Affordable?
For homebuyers, the practical question is whether the measures reduce cash needed at closing, monthly…
-
Binance’s $6.3 Billion Hack: Could Your Mortgage Information Be at Risk?
Binance reported a US$6.3 billion crypto security incident. What does it reveal about mortgage documents, identity theft, closing fraud and protecting Ontario borrowers?
-
Ontario Proposes a $10,000 Fine for False First-Time Homebuyer Refund Claims—Who Could Be Affected?
Ontario proposes increasing the maximum fine for false first-time homebuyer land-transfer-tax refund claims to $10,000. Here’s who could be affected and what buyers should verify.
-
Mortgage Brokers Want 40-Year Mortgages and 90% Refinancing. Could Ottawa Rewrite Canada’s Mortgage Rules?
Mortgage brokers want 40-year amortizations, 90% insured refinancing and repayable down-payment help. What could this mean for Ontario borrowers?
-
Lower Ontario New Home Prices
Some Ontario Home Prices could fall by $200,000.
-
Heat Waves and House Prices
Heat extremes will eventually affect house prices and mortgages in many ways.
-
Ontario Is Cutting Your Electricity Rebate. Could Your Home Become More Expensive to Own?
Ontario’s electricity rebate drops from 23.5% to 15.7% on November 1, 2026. What it means for homeowners, landlords and mortgage qualification.
-
Could Toronto’s next mayor affect what property you can afford to buy?
Toronto votes for mayor October 26. Here is how land transfer tax, property taxes, development charges and housing supply can affect home affordability and mortgage qualification.
-
High-Ratio Mortgages: What Happens When You Put Less Than 20% Down?
What happens when you buy a home with less than 20% down? Here’s how high-ratio mortgages, mortgage insurance, down payments and insured rates work.
-
When should you jump into the housing market?
So the Bank of Canada (BoC) announced on March 6’24 that interest rates will remain…
