Tag: home-buying
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Navigating Higher Mortgage Payments: Tips for Canadian Homeowners
By Latif Nizamani Over the next 12 to 18 months, millions of Canadian homeowners will be renewing mortgages that were originally obtained during the historically low interest rate environment of 2020 and 2021. Many borrowers locked in mortgage rates between 1.5% and 2%. As these mortgages come up for renewal, homeowners may be surprised by…
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Understanding the New HST Rebate Framework for Newly Built Homes in Ontario
By Latif Nizamani Ontario’s expanded HST rebate—developed in partnership with the federal government—represents one of the most significant affordability measures introduced for new‑home buyers in recent years. Designed to reduce the tax burden on new construction and stimulate housing supply, the program provides substantial financial relief for eligible purchasers while setting clear timelines and valuation…
