Why Rent Canada

Happy New Year! Here is to a great new year of helping you get out of your rental and into your dream home! http://whyrentcanada.com/

TD is changing things up again when it comes to getting a mortgage. They are now effecting rental properties. http://www.theglobeandmail.com/report-on-business/td-hikes-mortgage-rates-for-rental-properties-and-lengthy-loans/article33108192/

TD hikes mortgage rates for rental properties and lengthy loans All fixed rate mortgages that take more than 25 years to pay back will cost borrowers an extra 10 basis points, or 0.1 per cent

Happy Holidays to you and your families.

Construction of Ottawa’s first coach house is underway, and builder Ottawa General Contractors (OGC) is hoping the discrete form of infill represents a big market opportunity. Read more here: http://www.obj.ca/Real-Estate/Residential/2016-12-14/article-4704036/Ottawa-contractors-see-new-opportunities-constructing-coach-houses/1

Ottawa contractors see new opportunities constructing coach houses Construction of Ottawa’s first coach house is underway, and builder Ottawa General Contractors (OGC) is hoping the discrete form of infill...

First-time home buyers are having a hard time with the stress test. Read this couples story.
http://www.theglobeandmail.com/report-on-business/first-time-buyers-stressed-by-the-new-stress-test/article33088484/

First-time buyers stressed by the new mortgage ‘stress test’ Ottawa’s recent changes to mortgage rules create a bigger challenge for real-estate newcomers, even in the country’s cooler markets

Real Estate Investors and current home owners who are variable borrowers need to keep an eye on the prime. https://www.thestar.com/business/2016/11/04/variable-borrowers-need-to-keep-an-eye-on-the-prime.html

Variable borrowers need to keep an eye on the prime | Toronto Star A hike in TD’s mortgage prime creates a moving target, says one broker.

First Source Mortgage Corporation announced today it is expanding its offerings to investors following a significant development in its structure. http://www.theprovince.com/business/cnw/release.html?rkey=20161115C1941&filter=4007

CNW Group Read the latest business news, real estate, financial markets and personal finance in BC and Canada. Use financial tools and get daily business...

Ottawa real estate market keeps hitting new highs. Be informed! Read more here: http://www.obj.ca/Real-Estate/Residential/2016-11-03/article-4678854/Ottawa-real-estate-market-keeps-hitting-new-highs/1

Ottawa real estate market keeps hitting new highs Local realtors recorded one of their busiest Octobers on record before new rules designed to cool the country’s housing market come into effect,...

Even more incentive to stop renting and start owning!!

Ontario's first-time buyers get a bigger tax rebate The Ontario Liberal government announced it will double the first-time homebuyers' maximum Land Transfer Tax refund to $4,000.

20 Strategies on How to Save for a Housing Down Payment
Read more: http://www.newsmax.com/Finance/JonSanchez/down-payment-home-housing/2016/10/19/id/754313/

20 Strategies on How to Save for a Housing Down Payment Most people who rent actually want to own a home but there is one stumbling block … the down payment. Is it easy to save for a down payment? No....

The Globe and Mail recently wrote an article about the most common misconceptions about the Canadian real estate market. Read it now! http://www.theglobeandmail.com/globe-investor/personal-finance/genymoney/four-things-people-get-wrong-about-housing/article32321212/

Four things people get wrong about housing As the federal government implements new rules for housing and mortgages, it’s important we’re all on the same page