Pros of Renting After You Retire
Posted on Thursday, December 8, 2016, 10:10 AM, by Michael Fromm, under
Renting
The share of older renters has risen substantially over the past decade, with households aged 55 and over contributing 42 percent of renter household growth. That rate is expected to increase as more Baby Boomers retire. However, there are factors to consider before deciding to trade your home for a...
moreNew Mortgage Rules Will Hurt 1/3 of Borrowers
Posted on Friday, October 7, 2016, 12:46 PM, by Amy Meerovich, under
Real Estate
New requirements for mortgage insurance will make owning a home increasingly difficult for first-time buyers. Right now, Canadian homebuyers generally need to get mortgage insurance if they make a down payment that is less than 20 percent. The new rules, announced by Finance Minister Bill Morneau on...
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