Mortgage News
Gauging home affordability
What are the key measures for deciding if you can comfortably afford to buy a home? And how important is it to build in a buffer to cover off higher mortgage rates?
Published
Before signing on the dotted line for your first mortgage, before you even start house hunting, there are important steps you should take to find out exactly what you can afford.
In this video from the Globe and Mail, Rob Carrick talks to Frank Tristani about what first time home buyers should take into account before starting the search for their dream home, what to include in your detailed budget, and how lenders qualify you for a mortgage.