affordability

15 12, 2024

Bank of Canada Drop Benchmark Rate – The Impact?

By |2024-12-15T19:58:19-05:00December 15th, 2024|Benchmark Rate, Buying a house, rent-to-own|0 Comments

The Bank of Canada has lowered its benchmark rate by 50 bps, bringing it down to 3.25%. This marks the fifth consecutive cut since June. sending ripples of optimism across the Canadian housing market. For homebuyers, particularly first-time buyers and those navigating affordability challenges, this change could present new opportunities in a market that has [...]

10 01, 2023

10 Mistakes to Avoid in a Rent-to-Own

By |2024-05-23T13:26:17-04:00January 10th, 2023|Buying a New House, Choosing the Right Area, Home Inspection, home ownership, Rent to Own Agreement, rent-to-own, Stress Test|0 Comments

10 Mistakes to Avoid in Rent-to-Own For most people, a home is the largest purchase they’ll ever make, so choosing the wrong property can have disastrous implications for their wallets and well-being. Still, many homeowners feel a strong sense of pride in putting their mark on the property, building equity and having a place to [...]

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