Should you do it yourself?

Posted on Posted in Design and Renovation, Household Tips, Money and Financing, Real Estate Development

Planning a DIY renovation project? Here are some questions to ask yourself first. Do you have the skills? Many of today’s home improvement products make it easy for do-it-yourselfers, but other projects require specialized skills. Seeing something done on a television renovation show isn’t the same as having practical experience. Getting in over your head […]

New home buyers find free financial tools online

Posted on Posted in Money and Financing

(NC) Buying a home is often stressful and involves lots of considerations. One of the first is what amount should you borrow given your circumstances. Many financial institutions and mortgage brokers offer mortgage calculators. You can also check out the Financial Consumer Agency of Canada’s (FCAC) free calculator, as well as other free tools and […]

CMHC hiking mortgage insurance premiums for third time in 4 years – The Globe and Mail

Posted on Posted in Money and Financing

Well, it’s becoming even harder for first-time buyers or those with less than 20% down. After rising mortgage interest rates and tighter rules for qualifying, now CMHC is raising mortgage insurance premiums. What that means in terms of dollars, is that someone buying an average home in Edmonton with a 5% down payment will have […]