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Mortgages

A man and woman celebrate the purchase of their second home by dancing in the living room

Real Estate

Buying a second home: How it works in Canada

Here’s what home owners and investors should know about the rules, financing options and tax implications of buying a...

Buying a second home: How it works in Canada
Deputy Prime Minister and Minister of Finance Chrystia Freeland speaks to reporters at the Liberal caucus retreat in Nanaimo, B.C., sharing the news of the the price cap for insured mortgages in Canada going from $1M to $1.5M.

Mortgages

New mortgage changes for 2024: Wider access to 30-year mortgages and more

Liberals announce expansion to mortgage eligibility, draft rights for renters, buyers.

New mortgage changes for 2024: Wider access to 30-year mortgages and more
Two women and a young girl laying cross them laugh while watching TV

Ask a Planner

Borrowing from your HELOC to invest in equities

You can use a HELOC for leveraged investing. But what happens if you sell your home and want to...

Borrowing from your HELOC to invest in equities

Buying

High borrowing costs, record completions lead to condo oversupply

Condo prices in the Greater Toronto Area fell as the number of active listings grew. Experts predict a gradual...

High borrowing costs, record completions lead to condo oversupply

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Father and son jump for joy in their new home

Buying

Is this a good time to buy a home in Canada?

Economists expect interest rates to keep falling. So we asked four experts if now is the ideal time to...

Is this a good time to buy a home in Canada?
Different aged Canadians and the flag.

Debt

Battle of the generations: Who’s having the toughest time with finances in Canada?

Boomers admit they had it easier than others, but Gen Z gave themselves a C in paying off debt....

Battle of the generations: Who’s having the toughest time with finances in Canada?
A father high-fives his daughter in the kitchen

Mortgages

Mortgage payments going up at renewal? Here’s what to do

Many Canadians will face a jump in mortgage payments at renewal. We spoke to experts about how to manage...

Mortgage payments going up at renewal? Here’s what to do
Bank of Canada Governor Tiff Macklem participates in a news conference on the bank's interest rate announcement

Mortgages

Variable mortgage rates regaining traction as Bank of Canada cuts rates

As the central bank signals more rate cuts may be coming, borrowers are starting to reconsider the once popular...

Variable mortgage rates regaining traction as Bank of Canada cuts rates

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Mortgages

Making sense of the Bank of Canada interest rate decision on September 4, 2024

Making sense of the Bank of Canada interest rate decision on September 4, 2024

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