10/25/2024 | Posted in Home Buyers by Vanguard Realty
  SHARE

The federal government allowed 30-year mortgage amortizations for first-time homebuyers purchasing new builds in August, and the new rules are set to expand in December to ... More

Here's why a mortgage broker thinks a 30-year amortization is a 'trap'

  6/21/2024 | Posted in Home Buyers by Vanguard Realty
  SHARE

Many Canadian renters do not plan to purchase a home in the near future, with affordability challenges being a significant factor.

... More

Most Canadian renters can't afford to buy a home due to insufficient income

  4/30/2024 | Posted in Home Buyers by Vanguard Realty
  SHARE

The majority of Canadians aspiring to buy a home say they will push their plans to next year or later to wait for interest rates to drop, a new survey shows.

... More

Majority of aspiring homeowners awaiting rate cuts before buying: BMO survey

  4/18/2024 | Posted in Home Buyers by Vanguard Realty
  SHARE

As variable-rate mortgage holders eagerly anticipate the Bank of Canada’s first rate cut, fixed rates are heading in the other direction: up.

... More

Fixed mortgage rates are rising. What's the deal?

  3/2/2024 | Posted in Home Buyers by Vanguard Realty
  SHARE

The federal government has announced it will be discontinuing its First-Time Home Buyer Incentive (FTHBI) program as of March 21.

... More

CMHC to scrap First-Time Home Buyer Incentive and refocus funding on other tools

  2/27/2024 | Posted in Home Buyers by Vanguard Realty
  SHARE

One third of Canadians are considering alternative home ownership models, a new survey has found, as purchasing a home remains out of reach amid an ongoing affordability ... More

One-third of Canadians considering alternative home ownership models amid low affordability

  9/8/2023 | Posted in Home Buyers by Vanguard Realty
  SHARE

It’s no secret that Canada’s banking regulator has its sights set on fixed-payment variable-rate mortgage products. And OSFI chief Peter Routledge reiterated that ... More

OSFI seeks to address problem of fixed-payment variable-rate mortgages

  8/14/2023 | Posted in Home Buyers by Vanguard Realty
  SHARE

Originally introduced to mitigate borrower default risks in the event of rising interest rates, some brokers now argue that Canada’s mortgage stress test is no longer ... More

Canada's mortgage stress test: Obsolete or still doing its job?

  5/17/2023 | Posted in Home Buyers by Vanguard Realty
  SHARE

A string of aggressive interest rate hikes from the Bank of Canada is driving short-term fixed-rate mortgage demand higher, according to a new survey.

... More

Demand grows in Canada for short-term fixed-rate mortgages

  1/3/2020 | Posted in Home Buyers by Vanguard Realty
  SHARE

Have you decided to purchase a new condo? Consider these things to ensure you understand your rights as a new home buyer.

... More

Five Things Every New Condo Buyer Should Know

  12/13/2019 | Posted in Home Buyers by Vanguard Realty
  SHARE

Millions of Canadian millennials feel they may never be able to follow previous generations into homeownership according to a new survey.

... More

Owning a home is a pipedream for many Canadian millennials

  9/16/2019 | Posted in Home Buyers by Vanguard Realty
  SHARE

In an election announcement on Thursday, Liberal Party Leader Justin Trudeau promised to turbocharge the First-Time Home Buyer Incentive (FTHBI) for Canadians who live in ... More

What to know about the Liberals' new housing-incentive promise

  8/24/2019 | Posted in Home Buyers by Vanguard Realty
  SHARE

New data shows the country’s youngest buyers are being affected most by the government’s mortgage stress tests.

... More

Mortgage Stress Test Sidelining Young Buyers

  6/18/2019 | Posted in Home Buyers by Vanguard Realty
  SHARE

The incentive will allow eligible first-time homebuyers who have the minimum down payment for an insured mortgage with CMHC, Genworth or Canada Guaranty, to apply to finance a ... More

First-Time Home Buyer Incentive To Launch In September

  6/13/2019 | Posted in Home Buyers by Vanguard Realty
  SHARE

Three quarters of homebuyers in three of Canada's largest housing markets are not willing to take financial risks when buying a home, ... More

Price growth expectations and financial risk: top influences for homebuyers

  5/17/2019 | Posted in Home Buyers by Vanguard Realty
  SHARE

The Conservative Party leader says he's "absolutely committed" to reviewing the rule.

... More

Andrew Scheer Says He Wants To Scale Back Canada's Mortgage Stress Test

  5/15/2019 | Posted in Home Buyers by Vanguard Realty
  SHARE

Canada needs to be building more homes to meet demand which is greater than official figures suggest.

... More

Housing demand is stronger than we're told: CIBC

  5/7/2019 | Posted in Home Buyers by Vanguard Realty
  SHARE

Young families in particular want strong transit links, short commute

... More

Transit is increasingly a deal-breaker for Canadian homebuyers

  4/30/2019 | Posted in Home Buyers by Vanguard Realty
  SHARE

If you’re considering a custom-built home, here’s everything you need to know.

... More

How Much Does It Cost to Build a House?

  4/4/2019 | Posted in Home Buyers by Vanguard Realty
  SHARE

Canada's housing agency says new spending measures aimed at helping first-time buyers afford homes won't push prices up more than a few tenths of a percentage ... More

CMHC releases statement on Liberals' mortgage plan

  11/30/2018 | Posted in Home Buyers by Vanguard Realty
  SHARE

CMHC has published its financial report for the third quarter of 2018 which also reveals insights into this year’s homebuyers.

... More

More homebuyers opted for variable rates in Q3 says CMHC

  10/4/2018 | Posted in Home Buyers by Vanguard Realty
  SHARE

CMHC’s new guidelines that make it easier for self-employed borrowers to qualify for a mortgage came into effect on Oct 1.

... More

New CMHC Guidelines in Effect for Self-Employed

  9/13/2018 | Posted in Home Buyers by Vanguard Realty
  SHARE

Rising rents is making homeownership the affordable alternative according to a new report.

... More

Canadians can't afford NOT to buy study suggests

  9/4/2018 | Posted in Home Buyers by Vanguard Realty
  SHARE

Here are some interesting data about Gen Zers and their homeownership plans and goals.

... More

Nearly half of Gen Zers want to buy a home in the next few years

  7/20/2018 | Posted in Home Buyers by Vanguard Realty
  SHARE

With detached family homes few and far between in Canada's major housing markets, these trends may leave new homebuyers in a lurch.

... More

9 in 10 seniors plan to stay in their homes while retired

  7/19/2018 | Posted in Home Buyers by Vanguard Realty
  SHARE

Canada Mortgage and Housing Corp. is making changes intended to make it easier for the self-employed to qualify for a mortgage

... More

CMHC makes announcement regarding self-employed borrowers

  7/5/2018 | Posted in Home Buyers by Vanguard Realty
  SHARE

Toronto real estate may not be what it was one year ago, but it’s still a battle for home buyers.

... More

Majority Of Toronto And Vancouver Real Estate For Sale Sees Bidding Wars

  7/4/2018 | Posted in Home Buyers by Vanguard Realty
  SHARE

There appears to be little relief in sight for Canadian homebuyers, especially first-time buyers, as affordability is likely to worsen.

... More

Affordability likely to get worse says RBC Economics

  6/12/2018 | Posted in Home Buyers by Vanguard Realty
  SHARE

Private lenders have doubled their share of Canadian mortgages since 2015.

... More

Private lending becomes new normal

  6/6/2018 | Posted in Home Buyers by Vanguard Realty
  SHARE

York Region municipal councillors have proposed a municipal land transfer tax, but the CEO of the Ontario Real Estate Association is imploring them to consider the ... More

Proposed land transfer tax too much to bear, says OREA
Ask Vanguard Realty

Thinking of buying or selling a property, or have a question regarding the real estate market? Fill out the form below and we'll get back to you promptly.

Security Question: 35 + 8 =