OTTAWA – Canadian homebuyers looking to insure their mortgage through the Canadian Mortgage and Housing Corporation (CMHC) will be facing slightly higher insurance costs if they plan to buy after May 1, 2014. On February 28th, the lender announced that it would be hiking its standard premiums from a current range between 0.5 and 2.9 […]
Fixed-Rate Mortgages: an Attractive Option for First-Time Home Buyers
GTA REAL ESTATE – For someone planning on entering the Toronto area’s real estate market for the first time, choosing a mortgage can be a tough decision because of the various options available. You can pick and choose your amortization period, the amount you’re willing (or able) to put into your down payment, and – […]