by Snap Rates | Jan 16, 2022 | Mortgage, Real Estate
Speculative investing in residential real estate has become an important concern, prompting Canadians to overbid on properties The federal government is planning to review the rules surrounding down payments on investment properties in a bid to curb speculation in red...
by Snap Rates | Dec 30, 2021 | Mortgage, Real Estate
How To find your perfect home, there are so many more options for potential homeowners! From a single-family dwelling to a townhouse to a modular home, the choices are seemingly endless. But, before you start widening your search. Let’s take a look at what makes these...
by Snap Rates | Dec 17, 2021 | Mortgage, Real Estate
Canada’s oldest bank is accelerating its forecast schedule for the central bank. BMO sees the first interest rate hike in April, after yesterday’s announcement from the Bank of Canada (BoC). That would be 3-months sooner than previously forecast, and the...
by Snap Rates | Dec 17, 2021 | Mortgage, Real Estate
OTTAWA – Feds eyeing foreign buyers ban on non-recreational residences. Justin Trudeau has tasked Canada’s housing minister with implementing a temporary ban on foreign buyers of non-recreational residential properties. In a mandate letter sent to Ahmed...
by Snap Rates | Dec 17, 2021 | Mortgage, Real Estate
For some people, just owning one property and having a single mortgage is enough to handle. But there may be no better way to grow your net worth than real estate. You might not realize homeownership can be a gateway to owning multiple investment properties. You might...
by Snap Rates | Aug 16, 2021 | Mortgage, Real Estate
In a July release, the Canadian Real Estate Association reported that home sales had fallen for three months in a row after reaching an all-time high in March.1 So could one of the world’s hottest real estate markets finally be headed for a downturn? We wouldn’t bet...
