Blog categorized as Finance

Mortgage insurance premium limits are an essential consideration for homebuyerswho are financing their homes through loans with less than a 20% down payment. Mortgage insurance, typically required by lenders to protect against borrower default, adds to your monthly costs. However, the premium limit ...

As of December 15, 2024, the Canadian government has increased the mortgage insurance cap from $1 million to $1.5 million. This significant change aims to make homeownership more accessible, especially for buyers in high-priced urban markets like Toronto, Vancouver, and Montreal. 

For years, sky...

Property acquisition is the cornerstone of any successful real estate investment strategy. Whether you are a seasoned investor or a newcomer to the real estate market, understanding how to identify and acquire high-potential properties can significantly impact your investment outcomes. In this guide...

The Canadian housing marketin 2025 is navigating a path shaped by economic shifts, demographic changes, and evolving buyer priorities. As we step into the new year, here’s an in-depth look at the key trends and opportunities defining Canada’s real estate landscape. 

1. Gradual Cooling of Mortgag...

As we step into 2025, affordabilityremains one of the most pressing issues in Canada's housing market. From escalating mortgage rates to skyrocketing home prices, the dream of homeownership is slipping further out of reach for many Canadians. Here's a closer look at the factors driving this crisis a...

When considering loans in Canada, understanding themaximum amountyou can borrow is crucial. The limits vary depending on the type of loan and the lender’s policies. Here's a quick guide: 

1. Personal Loans 

Most Canadian banks and financial institutions offer personal loans ranging from $1,0...

Owning a home in Canada is a dream for many, but the high costs of down payments can feel like a major roadblock. The good news? There are several strategies and programs available that make homeownership possible with a lower down payment. Let’s explore how you can take advantage of these opportuni...

For many Canadians, the dream of homeownership feels out of reach due to the steep upfront costs, especially the down payment. Thankfully, there are down payment assistance programs designed to make buying a home more accessible. Here, we explore the top programs available, how they work, and why th...

Investment Asset Scale: A New Way to View Wealth in Canada 

When managing finances, traditional terms like "Assets Under Management (AUM)" have long dominated the financial landscape. However, the Investment Asset Scaleoffers a fresh and innovative approach to understanding wealth in C...

Thehousing crisis in Canada has become a defining issue of our time, impacting millions of individuals and families across the country. As property prices soar and rental markets tighten, affordable housing remains out of reach for many Canadians. The crisis is particularly acute in major cities lik...