How to Repair Your Credit While Working Toward a Mortgage in Canada If your dream of homeownership is being delayed because of bad credit, you're not alone. In Canada, thousands of aspiring homeowners are starting to learn how to repair their credit so they can qualify for a mortgage—especially after a divorce, job loss, or [...]
Pre-Construction vs. Rent-to-Own: Which Homeownership Path Is Right for You? If you're looking to buy a home in Canada but don’t qualify for a traditional mortgage today, you’ve likely come across two popular alternative options: -Pre-Construction Homes-Rent-to-Own Programs Both offer a chance to lock in a property while giving you time to get your finances [...]
How to Escape the Rent Trap in Canada (Even Without a Mortgage Today) If you're earning a good income, saving diligently, but still renting and stuck in the rent trap… you're not alone. Across Canada—especially in cities like Toronto, Hamilton, Calgary and Edmonton—many hardworking Canadians feel stuck in a cycle of rising rent, shrinking savings, [...]
How Rent-to-Own Payments Are Calculated (And Why They're Similar to a Mortgage) If you’ve ever wondered how rent-to-own payments are calculated, you're not alone. One of the most common questions we get from future homeowners is: "How much will my monthly payment be in a rent-to-own program?" Let’s break it down in plain English—and show [...]
Are Canadian Renters Finally Ready to Buy a Home? A New Survey Says Yes—But There’s a Catch A new Royal LePage survey sheds light on the aspirations of Canadian renters buying a home—and the roadblocks still standing in their way. According to the report, 54% of renters across Canada say they plan to buy a [...]
