Do The Math: Housing Costs Add Up

Jan 15, 2013

Are you trying to fully comprehend the REAL costs of Home Ownership?  Most people feel surprised or even confused by some of the extra costs involved, so we are trying to make things completely clear for you as a consumer so that you can search for affordable housing with full understanding.
We at GLM Mortgage Group are excited about how our business is growing online! We’ve now been published a few times by other sources, and we’re excited to share those with you!
Here is one that was published a couple of months ago, but is of a timely nature. It is still as relevant today as it was then.
Affordable Housing? Understand Real Costs of Home Ownership

“Housing has become slightly more affordable in Canada. In the third quarter of 2012, the average homeowner spent 42 percent of his pre-tax income on mortgage, taxes and utilities on a detached bungalow, 1 percent less than he did a year ago, according to the Royal Bank of Canada’s third quarter report.

If you’re thinking of moving out of an apartment into a home, the RBC’s findings might seem like good news.”

Read on and get the rest of the good news by clicking through here.

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