To avoid buyer’s remorse, be sure to consider your future self when shopping for a home. Most new homebuyers don’t regret becoming homeowners. In fact, according to a recent survey, 80% of Canadians who purchased a home during the pandemic say they’re glad they bought their current homes.1 But that ...
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You don’t have to break the bank to celebrate the holidays in style—even in this season of inflation. Prices may be higher on everything from food to gifts to decorations, but there are still plenty of opportunities to eke out extra savings. For example, you can trim your energy bills ...
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Deciding whether to jump into the housing market or rent instead is rarely an easy decision – especially if you’re a first-time homebuyer. But in today’s whirlwind market, you may find it particularly challenging to pinpoint the best time to start exploring homeownership. A real estate boom during the pandemic ...
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Interest rates have risen rapidly this year, triggered by the Bank of Canada’s efforts to curb inflation. The July MNP Consumer Debt Index found that 59% of Canadians “are already feeling the effects of interest rate increases.”1 Why has the impact been so widespread? In part, due to the rising ...
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Canada’s housing market hit a boiling point last year as homebuyers clambered for real estate in regions with significantly more demand than supply. But now that homeowners and buyers alike are feeling the pinch of rising interest rates and record inflation, the market appears to finally be simmering down. That, ...
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Home ownership offers many advantages over renting, including a stable living environment, predictable monthly payments, and the freedom to make modifications. Neighborhoods with high rates of home ownership have less crime and more civic engagement. Additionally, studies show that homeowners are happier and healthier than renters, and their children do ...
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