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My Mortgage Blog — Latest Posts
How Parents Can Help Their Child In Achieve Owing Their Own Home
In theprevious 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...
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Surge In Home Prices are Forcing Young Homebuyers To Look To Their Parents For Help
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...
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More Information on the Stress Test and How it Affects You!
If you’re looking to buy a home now, you will now need to prove you can make payments based on a minimum rate of 5.25% starting today when dealing with a federally regulated financial institution....
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How to Cool a Hot Housing Market?
Part 2Canada’s housing market is hot. There’s little doubt about that when many communities are seeing home prices up 20% or even 30%+ compared to a year ago. Even here on PEI we can see that even...
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