Home Ownership Archives

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Bank of Canada Monetary Policy Report: What It Means for Everyday Canadians

On July 24, 2024 the Bank of Canada released its latest edition of the Monetary Policy Report. Read the highlights here, including how policy is working to ease pricing pressures on Canadians.

Finding Home

How much money do you need to buy a home in 2024?

Looking to purchase a home? Learn what you’ll need to qualify for a mortgage, from down payment to credit history and more.

Two air-source heat pumps outside a modern energy-efficient home

Energy-efficiency

Which Rebates and Grants are Available for Heat Pumps in Canada?

Depending on your province, homeowners can access a variety of federal and provincial heat pump rebates and grants.

An icon of a percentage in the middle of a row houses

Finding Home

Bank of Canada Announces Another Interest Rate Cut, Offering More Positive Signs for Homebuyers and Owners

In a move widely anticipated by financial experts, the Bank of Canada reduced its overnight policy rate by another 25 basis points, bringing the rate to 4.5%. The second straight rate cut is a positive signal for both homeowners and prospective buyers – but what does it really mean for you?

Shot of a young couple using a laptop while working on their home finances

Budgeting

How to Rent Your U.S. Home: The Ultimate Guide for Canadians with U.S. Property

Whether you already own U.S. property or you’re looking to buy south of the border, you may be considering if you should rent out your U.S. home. Here are the advantages, considerations and tips to help you determine how to rent your U.S. home – and if it’s a move you’d like to make.

A couple and their child look toward the U.S. home they're selling

Real Estate

Thinking of Selling Your U.S. Home? Consider These 4 Questions First

Canadians thinking of selling their U.S. home have other ways to tap into the equity of their homes south of the border.

Illustration of a white house and a percentage symbol.

Finding Home

Bank of Canada Interest Rate Decrease: What it Means for You

The June 5th Bank of Canada interest rate announcement has been highly anticipated as Canadians hoped the BoC would finally cut interest rates. And ultimately, they did. As was widely expected, interested rates came down 25 basis points to 4.75%, marking the first time in 4 years that rates have decreased.