Buyers
Perch
First-time buyers and those with non-salaried income are underserved by traditional mortgage products. Sharon*, a first-time home buyer, was locked out of the housing market. She had saved $50,000,...
Perch
BC real estate market outlook 2023 Home to Canada’s most expensive metropolitan area, British Columbia is also one of the most desirable places to live in Canada, with beautiful scenery, and a mild...
Ali
The Bank of Canada announced on July 12th they will be raising the key interest rate by 25 basis points. This raise is this third this year as the Bank of Canada continues to evaluate the effect of...
Alex
Is inflation slowing down in Canada? You’ve likely noticed it, the cost of living has been increasing recently, and everything from groceries to mortgages have become more expensive due to...
Robert
Interest Rate Differential (IRD) There are plenty of reasons it might make sense to break your mortgage early, but the main deterrent from doing so is mortgage penalty fees. There are two main ways...
Ali
Subscribe to receive Perch’s monthly Canada interest forecast newsletter (once a month only!) You will receive an email after you submit this form to finalize your newsletter subscription. *...
Alex
Applying for a mortgage with investment income When it comes to qualifying for your mortgage, income is the name of the game. The number one thing lenders look at when evaluating borrowers is their...
Perch
Canada real estate market outlook 2023 You may have heard there’s something of a housing crisis in Canada. Canada currently has the least affordable housing market in the G7, which has been great...
Robert
There’s no such thing as free rent Despite a chronic lack of supply in the Canadian housing market, it’s becoming increasingly common for construction firms to offer cash incentives to buyers...
There’s no such thing as free rent Despite a chronic lack of supply in the Canadian housing market, it’s becoming increasingly common for construction firms
Why is 20% the magic number? When you buy a home, you need to put some of your own money towards the purchase before a
Home to Canada’s capital, as well as it’s largest metropolitan area, Ontario is Canada’s most well known and populated province. Nearly 40% of all Canadians
The housing crisis in Canada explained It’s no secret that there’s something of a housing crisis in Canada. The price of housing in Canada is
Not everyone has a traditional full-time job with a letter of employment and a 40 hour workweek. While it’s true that mortgage lenders prefer to
Should you take out a line of credit for your down payment? Taking out a line of credit may appear to be a tempting option
The Bank of Canada announced on June 7th they will be raising the key interest rate by 25 basis points. This raise comes after a
Edmonton, AB real estate market outlook 2023 We sat down with our realtor partner Sara MacLennan to give us an outlook on the Edmonton real
North York, ON real estate market outlook 2023 We sat down with our realtor partner Melissa Oag to give us an outlook on the North
Subscribe to receive Perch’s monthly Canada interest forecast newsletter (once a month only!) You will receive an email after you submit this form to finalize