30-Year Mortgage Amortizations Now Available For First-TimeBuyers
Posted on Aug 12, 2024
First-time buyers of new construction homes in Canada now have access to longer mortgage amortization periods. As of this month, lenders can offer 30-year amortizations for insured mortgages to first-time homebuyers of newly constructed homes.
This change extends the previous maximum amortization period for insured mortgages from 25 years to 30 yea...
Bank of Canada lowers overnight lending rate to 4.50%
Posted on Aug 12, 2024
For the second consecutive time, Canada’s central bank has cut its overnight lending rate. In its July 2024 announcement, the Bank of Canada reduced the target rate by 25 basis points, bringing it down to 4.50%.
Despite inflation remaining above the Bank's 2% target, the decision to lower rates is based on expectations that inflation will continue...
How Much Does It Cost to Build a Deck?
Posted on Aug 12, 2024
Building a deck is a fantastic way to enhance your outdoor space, but costs can vary widely depending on style, materials, and location.
Deck Styles and Costs
Platform Decks are simple, ground-level options that can be DIY or professionally built, costing around $2,500. Multi-Level Decks involve more complex designs with stairs or walkways, requiri...Toronto Market Update – August 2024
Posted on Aug 06, 2024
Tips For Selling Your Home In The Summer
Posted on Aug 05, 2024
Warm weather and long daylight hours make summer an ideal time to list your home. But just like every other season, summer presents unique challenges and opportunities for home sellers looking to get maximum value. Here are 4 expert tips if you are thinking of selling your home this summer: