With new mortgage rules and higher interest rates putting the squeeze on Canadian home buyers, some have found a new approach: Get the parents (or grandparents) to bankroll your purchase. The number of mortgages issued to people in the pre-war generation – aged 73 to 93 – jumped by a […]
Monthly archives: September 2018
3 posts
If you’re buying a house or condo and you suspect that the current owner from whom you are purchasing the property is a non-resident of Canada, you could be personally liable for the vendor’s Canadian capital gains tax if you don’t take certain precautions. Indeed, this is precisely what happened […]
The process of becoming a homeowner can be long and arduous, and your mortgage broker is one of your key allies in getting a mortgage in order to buy a home. But if done right, the relationship between you and your broker doesn’t stop once you have the keys. Depending […]