Should you rent or buy a house for your student?

Posted on Posted in Buying/Selling Real Estate, Money and Financing, Real Estate Market

With high school students across the country deciding on their post-secondary education right now, where they will live while at school should play an important part in the decision. Given that more than two-thirds of post-secondary students plan to live away from home during their studies and parents often foot the bill, have you considered how […]

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 […]