Browsing: homebuyers

Toucanstudios | E+ | Getty ImagesSingle women have long outpaced single men as homebuyers — and they may be pulling ahead financially as well.Among first-time buyers,…

Ariel Skelley | Digitalvision | Getty ImagesPotential homebuyers who’ve been looking forward to the spring selling season may be watching with trepidation as interest rates on…

Lifestylevisuals | E+ | Getty ImagesWhen it comes to buying a house, affordability continues to slowly improve.U.S. households that have a median income — an estimated…

By Devin Stevens Housing Minister John White announced Tuesday the First-time Homebuyers Program, a four-year pilot that will lower the usual five per cent down payment…

Brokers have a new tool to offer those who aren’t yet ready to take the leap into homeownership. Today, TMG The Mortgage Group announced a new…

Fstop123 | E+ | Getty ImagesFor homebuyers, getting one preapproval for a mortgage that has palatable terms may seem good enough. More than two-thirds — 69%…

Many Ontario buyers enter the housing market feeling financially ready, but that confidence often unravels at closing when mortgage terms, adjustments and unexpected costs surface. A…

By Allison Jones The Ontario government had previously signalled that if the federal government removed its portion of the harmonized sales tax for first-time homebuyers, the…

Loan type Down payment minimum Credit score minimum Debt-to-income (DTI) ratio maximum Conventional loan 3% 620 45% FHA loan 3.5% 580* 50% VA loan 0% Usually…

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