How to use an Affordability Calculator Why This Blog is Important to You: The affordability calculator allows you to input your financial information and accurately estimate the maximum home price you can afford. This helps you gain a clear understanding of your...
Empowering Homebuyers: The Importance of an Affordability Calculator for Mortgages Why is this article important: Purchasing a home is a significant milestone for many individuals and families, but it often comes with the daunting task of securing a mortgage. While...
Bank of Canada Kept Key Interest Rate To 4.5% Today the Bank of Canada launched their decision to keep the rates steady. This was widely expected as the Bank of Canada will want to continue to monitor the delayed effect of already completed hikes and see what...
Costs of Buying a Home Buying your first home for the first time is very exciting, whether it be an apartment, condo, townhouse or house. It could come at wildly different stages for people. For some, they want to buy a house as their first major purchase, as early as...
Affordability Through Market Correction In the past few years, it is a common topic of discussion that housing prices have skyrocketed since the pandemic began. Since 1980, BMO estimates that home prices have increased 3% per year in real terms, which roughly reflects...
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