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, [...]
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 you why the monthly payment often looks a lot like a regular [...]
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 [...]
If you’ve been looking into alternative paths to homeownership, you’ve likely come across the option of rent-to-own. It’s a powerful stepping stone for people with strong income but challenges qualifying for a traditional mortgage today. But there’s one part that still surprises many: the downpayment for rent-to-own. Let’s break it down—what it is, why it’s [...]
Ontario's Housing Market: Flashes of Life Amid a Broader Slowdown Recent Trends: April’s housing data showed a five-year low in April home sales across Ontario' housing market, with average prices dipping slightly to around $860,000—down 4.5% year-over-year buildersontario.com+6wowa.ca+6noradarealestate.com+6. While this signals a market pause, it’s far from the doomsday scenarios often predicted. National Rebound Signs: [...]
