What Credit Score Do You Need to Buy a Home in Ottawa?
There’s no single minimum. CMHC needs one borrower at 600+ for an insured mortgage; banks prefer 680+, and 760+ gets the best rates. How to raise yours.
Ottawa Mortgage Pressure Is Rising—and More Buyers Need Help to Qualify
Ontario mortgage stress is rising as more first-time buyers rely on joint borrowing. Here’s what Ottawa buyers and homeowners should know.
High Gas Prices Have the Bank of Canada Talking About Rate Hikes Again
High gas prices are raising inflation concerns and putting potential Bank of Canada rate hikes back in focus. Here’s what Ottawa mortgage borrowers should know.
Could a Secondary Suite Help You Qualify for a Mortgage in Ottawa?
Could rental income from an Ottawa basement apartment or secondary suite help you qualify for a mortgage? Here’s how lenders may treat the income.
Ottawa Fixed Mortgage Rates Are Rising While the Bank of Canada Holds
Ottawa fixed mortgage rates are rising despite the Bank of Canada holding. Here is what local buyers and homeowners should consider next.
Bank of Canada Holds at 2.25% — Should Ontario Homebuyers Keep Waiting?
Bank of Canada holds at 2.25%. See what that means for Ontario homebuyers, renewals, fixed rates and the outlook for future cuts.