What Will Home Prices Look Like in 2023? Here’s What the Experts Say
With the real estate market in flux, many Canadians are wondering what to expect from home prices in 2023. If you’re thinking about buying a new house, or you’re considering getting the equity out of a home you already own, it can help to know what the experts are saying.
4 Big Ways Rate Increases Are Impacting Real Estate (& Why They Matter)
As the Bank of Canada works to keep inflation under control, rate increases are making home ownership decisions increasingly difficult. Here’s a brief look at what prospective home buyers and sellers should know about the impact of rising interest rates on real estate in Canada.
How to Secure Easy Financing through a Private Mortgage Lender in Canada
If you have bad credit, have irregular income, depend on foreign income, or are new to Canada and don’t have employment history, a private mortgage is well suited to you.
Are we in a buyer’s market? April 2023 Edition
While interest rates have gone up, there are some things that contribute to it being a good time to buy. Many Canadians know that home ownership is a great long-term investment. However, they also acknowledge the higher interest rates may have a negative effect on their ability to buy or sell a home. At this point, 67% of Canadians wouldn’t consider purchasing a home in the early part of 2023.
Tips on paying down debt in retirement
In a perfect world, we’d all retire debt free. But the majority of Canadians today are retiring with some debt. In fact, the Financial Post reports a sharp increase in the number of seniors seeking debt relief, and it’s understandable. Carrying debt can be overwhelming, especially on a reduced income. Fortunately, there are tools and resources you can use to help you get your debt situation under control, no matter what stage of life you’re in.
How to Buy a Foreclosed Home in Canada in 2023
Foreclosure may be forced on a homeowner because of criminal activity or bad living conditions. There are many circumstances that can cause someone to be removed from their property. Lenders who keep the liens to properties like this will need to do something to get some of their money back as they will be at a loss. The lender is legally allowed to sell the home, putting it up for sale.
The 10 best real estate apps for Canadians looking for a house in 2023
The technology of real estate has made great progress, making it easier than ever to house hunt while navigating complex home equity loans applications. Here’s our list of the 10 best real estate apps available to Canadians.
Who Can Use a Reverse Mortgage?
There is a specific age requirement in order to take advantage of the benefits of a home equity loan. Watch this video to find out if you’re eligible for a home equity loan.
Will a Reverse Mortgage Affect My Old Age Security?
Find out if a reverse mortgage will have an effect on old age security in this YouTube shorts video.
Do I Need a Home Appraisal for a HELOC?
A home appraisal estimates how much your home is worth. Find out if a home appraisal is needed in order to get a home equity loan or home equity line of credit in this blog post.