Saving for a home in Canada? Where you buy can add years to the wait, even when you’re putting money aside every month.

Here’s how long a couple would need to save for a down payment in cities across the country.

#DownPayment #FirstTimeHomeBuyer #CanadianRealEstate #PersonalFinance

#CanadianRealEstate #MortgageRates

The Bank of Canada has held its policy rate steady, but rising bond yields could push five-year fixed mortgage rates above 5%. Higher borrowing costs may pressure affordability and housing demand, even without another rate hike.

kelownarealestate.co...

#CanadianRealEstate #MortgageRates

The Bank of Canada has held its policy rate steady, but rising bond yields could push five-year fixed mortgage rates above 5%. Higher borrowing costs may pressure affordability and housing demand, even without another rate hike.

kelownarealestate.co...

Are the common mortgage myths disturbing you?

You’re not alone. Many Canadians still believe outdated myths that can cost them thousands.

Get the real facts here: www.diversemortgagegroup.com/blog/common-...

#CommonMortgageMyths #CanadianRealEstate #DiverseMortgageGroup

The rate a lender offers isn't the rate that decides how much you qualify for — the federal stress test (higher of 5.25% or your rate + 2%) sets your real maximum.

Run your own numbers → maplesure.ca/tools/housin...

#MortgageCanada #StressTest #FirstTimeHomeBuyer #CanadianRealEstate #MortgageRates