Mortgage insurance in Canada is a type of insurance that is designed to protect mortgage lenders in the event that a borrower defaults on their mortgage payments. It is mandatory for homebuyers in Canada who are putting less than 20% down payment on their home purchase to obtain mortgage insurance. The mortgage insurance is provided […]
Welcome to the world of homeownership, where the dream of having a place to call your own comes with the responsibility of maintaining it. One crucial aspect of owning a home is understanding the average cost of upkeep. Just like any valuable investment, a home requires ongoing care to ensure its longevity, comfort, and functionality. […]
Inflation, the persistent rise in the general price level of goods and services over time, is a crucial economic factor that has far-reaching effects on various aspects of people’s lives. One area significantly impacted by inflation is the housing market. Housing costs play a fundamental role in individuals’ financial stability and quality of life, making […]