Share A recent Royal Bank of Canada (RBC) poll showed that homebuying momentum in Canada continues to gain momentum with the portion of Canadians who are likely to purchase a home within the next two years rising to 10%. This data is according to the 17th Annual RBC Homeownership Study; it shows that younger Canadians, [...]
Share Quebec’s homeownership costs were pushed upward for the first time in more than a year during the third quarter of 2009 due to an invigorated housing market noted the latest quarterly housing report released on November 25th, 2009 by RBC Economics. The RBC Affordability measure for Quebec captures the proportion of pre-tax household income [...]
Share The cost of homeownership in Canada has become more expensive in the third quarter according to a report by RBC Economics Research. Royal Bank of Canada (RBC) noted that this has not happened since the spring of 2008, and that was due to a slight rise in mortgage rates and higher property values. The [...]
Share After settling in your home, you will begin to view your home with a more objective perspective. You will find there are things that you will want to change, whether it is the flooring, countertops or kitchen cabinets. You may find that there are things in your home that require repair or replacement, such [...]
Share Once you have decided that homeownership is right for you. You have to now determine if you are financially ready to buy a house. You start off by discussing with a mortgage professional about you mortgage. In this discussion, you net worth will come up. You net worth is the amount left over once [...]
