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Tag Archives: Homebuyers

More GTA homebuyers turning to private lenders. Here’s what you need to know

With a housing market that’s pricing out many in the Greater Toronto Area and stricter mortgage rules in Canada, private lending is becoming more popular among those looking to secure loans to buy a home — but experts warn there are risks involved. The value and number of mortgages funded …

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Ontario homebuyers stunned by extra $175K charge from developer, call for government action

Some buyers who years ago purchased builds in a housing development in Stayner, Ont., are fuming and calling for government intervention after they were told they would need to fork over $175,000 above what was agreed upon in contracts with the developer before their homes will finally be built. CBC …

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Newest homebuyers could pay the price for Canada’s financial stability

As in previous years, reading the Bank of Canada’s annual Financial System Review can be enough to send your pulse racing, and not in a good way. On the bright side, this time around, those most likely to suffer from the bank’s warnings will be young enough to withstand the health effects …

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