Cost of Living in Toronto
April 25, 2023
The cost of living in Toronto in 2023
About the author
The LowestRates.ca writing team focuses on telling original stories and bringing you the latest news in the world of personal finance.
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Whistler
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Six common mistakes first-time homebuyers make
Setting out to buy your first home is one of the more exciting parts of adulthood, often accompanied by great pride and responsibility. But all that excitement can cloud your judgment and good sense.
April 6, 2023
7-minute read
Setting out to buy your first home can be one of the more exciting parts of adulthood. It’s often accompanied by feelings of great pride and responsibility. But sometimes, excitement can cloud the buyer’s judgment and good sense.
First-time homebuyers may not have much experience in the real estate market yet, which means oversights can happen.
About the author
Lisa is a senior editor in the personal finance space. Her work has appeared in Reader’s Digest, Toronto Life, Canadian Living and TVO. As a child, she diligently hoarded the $50 bills that fell out of her Christmas cards. Adult Lisa is working hard to resurrect those stockpiling tendencies.
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March 8, 2023
Canadian First-time Homebuyers Guide 2023
Becoming a homeowner is one of the biggest decisions you’ll ever make, and we’re excited to help you through it. It ... Read more
February 23, 2023
Government of Canada programs to support homebuyers in 2023
In a high-interest market, prospective buyers can use all the help they can get. Luckily, the Government of Canada offer... Read more
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November 16, 2022
Everything you need to know about bridge financing when it comes to buying a home
If you haven’t reached the closing date of your current home by the time you want to buy a new one, a bridge mortgage ... Read more
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What is a hybrid mortgage, and does it ever make sense to get one?
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When it comes to selecting a mortgage, you're usually asked to choose between a fixed rate and a variable rate. But did you know there’s a third option that combines elements of both?
March 30, 2023
5-minute read
This article has been updated from a previous version.
When it comes to selecting a mortgage, you're usually asked to choose between the certainty of a fixed-rate mortgage, which allows you to lock in a particular interest rate for your term, and the uncertainty of a variable-rate mortgage, which fluctuates alongside the Bank of Canada’s overnight interest rate. But did you know that there’s a third, lesser-known option that combines elements of both?
About the author
Isabel Slone is a writer from Toronto, Ontario. Her byline has appeared in The New York Times, ELLE, The Globe and Mail, Toronto Life, and more.
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April 27, 2023
What is a conventional mortgage?
The big benefit of a conventional mortgage loan is that you have immediate equity in your new home. Let's explore the in... Read more
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March 2, 2023
What is a blended mortgage?
As a homeowner, you might decide to refinance your mortgage for various reasons, but this often comes with some stiff fe... Read more
July 21, 2022
Everything you need to know about reverse mortgages
For older Canadian homeowners, a reverse mortgage can be the perfect way to generate tax-free funds without sacrificing ... Read more
