Buyers, thinking to buy a home – Buyer’s guide 1. Stаrt wіth уоur credit. Credit reports аrе kept bу thе thrее mаjоr сrеdіt agencies, Experian, Eԛuіfаx, аnd TrаnѕUnіоn. They ѕhоw whеthеr уоu аrе habitually lаtе wіth payments and whеthеr уоu have run into serious credit рrоblеmѕ іn thе раѕt. A сrеdіt ѕсоrе is […]
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CMHC tightens lending standards to protect housing market during COVID-19
CMHC tightens lending standards to protect housing market during COVID-19 TORONTO — Canadians looking to borrow money for a home purchase are in for some extra challenges after the Canada Mortgage and Housing Corporation announced changes to its lending standards on Thursday. The country’s national housing agency is increasing the qualifying credit score […]
Vancouver’s Housing Market is Dismal – Still Out Of Reach For Household Incomes Of $120,000 Yearly
Vancouver’s Housing Market is Dismal – Still Out Of Reach For Household Incomes Of $120,000 Yearly The housing numbers out of Vancouver, once among the world’s hottest real estate markets, are getting more dismal with each passing month. Sales in April, 2019 were the lowest in 24 years for a month that […]
Toronto condo purchasers sense the competitive squeeze
One of the major surprises of the resale marketplace in 2016 in the Greater Toronto Area was the strong condo market. The deficit of listings in the single-family home category persuaded many potential purchasers to take another look at high-rise living. The trend looks like to continue in 2017. In 2016, sale of condo […]