Tag: first-time buyer

New Mortgage Stress Test Rate Brings More Stress To Homebuyers

New Mortgage Stress Test Rate Brings More Stress To Homebuyers

While the Canadian housing market has been kind to sellers, homebuyers have had to deal with a series of costly hurdles in Canada’s ongoing and eventful housing market full of supply shortages, growing and pent-up demand, red hot prices, and bidding wars. And now, the federal government is effectively adding another significant hurdle on the […]

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6 Tips for First-Time Home Buyers in BC

6 Tips for First-Time Home Buyers in BC

Making your first home purchase in BC can be a difficult process. Having to deal with finances, fees, and the surge in home prices in the past few months altogether may lead you to feeling discouraged. According to a recent poll from the Royal Bank of Canada (RBC), more than a third (36%) of non-homeowners under 40 […]

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