Today, financial rate comparison site LowestRates.ca released its 2020 Cost of Living Index, an annual report produced by the company which outlines how much it costs to live in Toronto. The index calculates transportation and housing spending for a number…
Despite technology making it easier than ever to access information, a recent CIBC poll shows that when it comes to major life events, such as getting married, buying a home, or finding a job, many respondents (63 per cent) prefer…
Desjardins Group announced today that it is acquiring the mortgage portfolio of La Capitale. The transaction, which will see 6,376 mortgages transferred to Desjardins, will close on February 1st. 2020. “I’m proud of this acquisition, which solidifies Desjardins’s position as…
While 72 percent of Canadian mortgage shoppers get mortgage advice in person, a majority would opt for a fully online mortgage to save money, according to a new survey by Rates.ca. Almost one in five mortgage shoppers say they’d be…
Thanks to investments made by the Government of Canada and the City of London, residents of London will soon have access to more safe and affordable places to call home. Today, The Honourable Ahmed Hussen, Minister of Families, Children and Social Development and the Minister responsible…
For many Canadians, buying a home can be a challenging and stressful experience. According to a recent survey from Zillow and Ipsos, 92% of Canadians see at least one barrier to homeownership, and two of the top concerns are related…
Royal LePage recommends a regional approach to mortgage stress test if the federal government goes ahead with changes in 2020 Home prices increase 2.2 percent in Q4 as buyers continue to move off the sidelines Greater Toronto Area home prices heat…
TORONTO, Dec. 2, 2019 First National Financial Corporation today announced that First National Financial LP has entered into an agreement with Manulife Bank of Canada (“Manulife Bank”) to provide underwriting and fulfillment processing services for mortgages originated by Manulife Bank through the…
According to the Québec Federation of Real Estate Boards (QFREB), yesterday’s announcement by the Ontario government of a 15 per cent tax on property purchases by foreigners in Ontario could increase the presence of foreign buyers in the Montréal real…
Government of Canada takes historic action to create new rental housing By investing in the construction of more than 10,000 new rental housing units, the Government is taking action to improve the lives of hard working Canadians. It will allow…