Mortgages

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Could a line of credit impact my mortgage application?

Could a line of credit impact my mortgage application?
A row of houses in a Toronto neighbourhood

Real Estate

How much you need to earn to afford a home in Toronto and the GTA

How much you need to earn to afford a home in Toronto and the GTA
A newly renovated basement that remains empty, except for an office chair and computer monitor

Real Estate

How to know if a secondary suite or basement apartment is legal—and a worthwhile investment

The potential to earn rental income sounds great, but unauthorized second units come with financial and other risks.

How to know if a secondary suite or basement apartment is legal—and a worthwhile investment
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Investing

Canadian Financial Summit 2022: MoneySense sessions and free tickets

Canadian Financial Summit 2022: MoneySense sessions and free tickets

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A man in a suit holds a miniature house in his hands

Real Estate

Buying a second home: How it works in Canada

Whether it’s for yourself or it’s an investment, here’s what you should know about the rules, requirements and financial...

Buying a second home: How it works in Canada
The exterior view of a bungalow that will serve as the buyer's vacation home

Real Estate

Can I afford to buy a second home?

A second home can serve many purposes, from a vacation destination to student housing for your children. Here’s how...

Can I afford to buy a second home?
Lights glow in front a modern two-storey home at dusk

Real Estate

Mortgage rules when buying a second property in Canada: What you need to know

Interested in buying a second property? Familiarize yourself with the mortgage rules first to make sure it’s the right...

Mortgage rules when buying a second property in Canada: What you need to know

Mortgages

Mortgage insurance calculator

Buying a home with a down payment of less than 20%? You’ll need mortgage default insurance. Use this tool...

Mortgage insurance calculator

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A woman is sitting at her desk, using her calculator to figure out her debt-to-income ratio.

loans

How to calculate your debt-to-income ratio—and why you should know this number

How to calculate your debt-to-income ratio—and why you should know this number

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