Joint Mortgages: Pros, Cons, and What You Need to Know
A joint mortgage can be an exciting step toward homeownership—but it’s not without risks. Many Canadians turn to joint mortgages when they want to buy property with a spouse, partner, family member, or even a close friend. For example, in 2021, 19.8% of Ontario residential properties co-owned by people born in the 1990s included their […]
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How to Qualify for a Mortgage in Ontario: A Step-by-Step Guide
Securing a mortgage is one of the most important financial decisions you’ll make, whether you’re purchasing your first home or refinancing an existing one. In Ontario, mortgage qualification depends on multiple factors, including your credit score, income stability, and down payment amount. The process can seem complex, but with the right preparation and expert guidance […]
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Is It Possible to Buy a House Without a Down Payment in Canada?
Wondering whether you can purchase a home without a down payment in Canada? For many first-time home buyers, saving up for a down payment can become a years-long endeavour, especially with real estate prices skyrocketing. Indeed, if you were to purchase a $500,000 home, you would need to put down at least $25,000 – a […]
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Best Neighbourhoods in Ottawa for First-Time Homebuyers
In Canada’s capital, you’ll find a diverse array of neighbourhoods beckoning to be explored. Whether you have just started your home search or are well-acquainted with Ottawa, you’ll soon discover that each area has its own unique charms, amenities, and experiences to offer. Perhaps you fashion yourself more of a downtown dweller or are looking […]
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