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Lori MacDonald || July 05, 2021

How Parents Can Help Their Children Achieve Homeownership (Part 2)

In ourprevious post, we explored how rising home prices are leading more young homebuyers to turn to their parents for financial help to achieve their goal of homeownership.Parents can help a child...

Lori MacDonald || June 28, 2021

Rising Home Prices Forcing More Young Homebuyers to Rely on Mom and Dad (Part 1)

Home prices are up as much as 50% in just the past year, which is keeping countless young homebuyers from being able to enter the housing market.Nearly three-quarters (74%) of 18- to 34-year-olds in...

Lori MacDonald || June 01, 2021

Mortgages for Investment Properties – What You Need to Know

Has the idea of buying an investment property ever crossed your mind?Maybe you’d like a place to rent out and have someone else pay some or all of your mortgage while you build equity in a tangible...

Lori MacDonald || May 25, 2021

Mortgage Stress Test Changes Coming June 1 – What You Need to Know

Starting June 1, 2021, the minimum qualifying rate used for both the insured and uninsured mortgage stress tests will be increasing.Whether you’re making a down payment of less than 20% or more than...