Augusta Dwyer – The Globe and Mail – May 25, 2016 The rise in popularity of short-term rental sites such as Airbnb and Homestay has added a new wrinkle to the relationship between homeowners with a mortgage and the financial institutions holding those loans. At Royal Bank of Canada, clients must inform the bank of (…) Continue Reading →
Archive | June, 2016
Jun
30
Saskatoon Mortgage Broker Shares article – Beware the risks of renting your house through Airbnb
Jun
29
Saskatoon Mortgage Broker shares article – How tenants can pay your mortgage
Paul Brent – The Globe and Mail – May 25, 2016 This year, twentysomethings Sarah Aradi and her husband moved into a basement apartment in a house in Chilliwack, B.C., a booming city about an hour’s drive from Vancouver. Before rushing to take pity on the fate of poor, priced-out millennials consigned to a subterranean (…) Continue Reading →
Jun
28
Saskatoon Mortgage Broker shares article – Can you really afford that mortgage, and real life expenses?
Rob Carrick – The Globe and Mail – May 14, 2015 Use the Real Life Ratio and you’ll know what you’re getting into before you buy a house. You may decide you need to save a bigger down payment, buy a smaller house, live in a cheaper location or not buy at all. Here are (…) Continue Reading →
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