1. Stalk the Neighbourhood! Make sure you like the neighbourhood. Do some investigating on the local schools, buying a house in a good school district positively affects the value of that home. Go for dinner at the local restaurants, shop at the local stores and malls and go for walks around the neighbourhood to make sure it’s a good fit for you and your family. 2. Don’t Try to Time the Market! Don’t stress trying to time the market. Anticipating the housing market is... [read more]

If you have been sitting on the fence about getting into the market, now is the time to get your mortgage pre-approval!  Proposed mortgage rules will reduce your home-buying power by 21%, says a report from mortgage comparison site RateHub. Let’s have a look at what this means for the average household.  “A household with an annual income of $100,000 and a fixed-rate 25-year mortgage at 2.84 per cent can afford a house worth up to $726,145 currently, RateHub... [read more]