move up home buyers News and Articles | My Blog
Price growth expectations and financial risk: top influences for homebuyers
6/13/2019 | Posted in Home Buyers by Paul DeAdder
Three quarters of homebuyers in three of Canada's largest housing markets are not willing to take financial risks when buying a home, ... More
The mortgage 'stress test' has started harming Canadians more than it helps
2/26/2019 | Posted in Mortgages and Real Estate by Paul DeAdder
Ten per cent of Canadians no longer qualify for a mortgage with banks.
... MoreMortgages Soar For Canadians In Their 80s, 90s
9/20/2018 | Posted in Mortgages and Real Estate by Paul DeAdder
With new mortgage rules and higher interest rates putting the squeeze on Canadian homebuyers, some have found a new approach: Get the parents (or grandparents) to bankroll your ... More
Affordability likely to get worse says RBC Economics
7/4/2018 | Posted in Home Buyers by Paul DeAdder
There appears to be little relief in sight for Canadian homebuyers, especially first-time buyers, as affordability is likely to worsen.
... MoreDetached home buyers need 53% down payment says DBRS
4/3/2018 | Posted in Home Buyers by Paul DeAdder
The still-rising prices of homes in many Canadian markets are making homeownership increasingly unaffordable and mortgages harder to secure.
... MoreStress test to hit 'move-up' home buyers the hardest
10/20/2017 | Posted in Home Buyers by Paul DeAdder
The newest set of mortgage restrictions announced by the OSFI will hit home buyers looking to upgrade to new properties the hardest, according to BMO financial group chief ... More
Emotions drive Canadian homebuyers to smash their budgets
9/29/2017 | Posted in Home Buyers by Paul DeAdder
Sixty percent of Canadian homebuyers would exceed their budget to buy a home with more than half willing to smash it by $50K!
... MoreWhy you should buy up right now in the GTA
9/6/2017 | Posted in Home Buyers by Paul DeAdder
Is upgrading your home a serious thought? This might be the perfect time to buy up in the GTA.
... More