You've just bought your first home and are settling in nicely. You've counted all your pennies and written some really big cheques to pay for it, so that's going to be it for spending now, right? Maybe not.
Here is a list of items in your home that it's best to spend a little bit of money on now to maintain so that you don't end up having to pay a lot to replace them later!
There’s been a lot of talk lately about Canada Mortgage and Housing Corporation (CMHC) and the state of the housing market in Canada. There’s an underlying theme that the Government is attempting to soften the housing market. Recently the Government has further restricted how much money (CMHC) is able to insure on new mortgages.
The conversion of mortgages into securities with CMHC backing is ...