In Canada, buying a house is one of the most expensive things you’ll ever do, and your mortgage rate determines your budget. Canada currently has two mortgage rates. For 5 years, the fixed rate is 4.69% and the variable rate is 4.42%. Big lenders like RBC offer fixed…
Getting ready to buy your first home is an exciting time. It’s a big step toward independence, stability, and more money. But all that fun comes with a lot of questions, especially when it comes to mortgages. A lot of false or out-of-date information is out there, and…
Buying a home is one of the most significant financial decisions most people make. Whether you’re a first-time buyer or looking to upgrade, one key factor that determines how easily you secure your dream home is your down payment for a mortgage. It affects not only…