David Le

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Buying a House in 2017? Know These 5 Rules

Buying a house is a huge financial undertaking. If you're planning to become a homeowner come 2017, here are five rules you should know by heart.<p>IMAGE SOURCE: GETTY IMAGES.<p>You may be tempted to stretch your budget and buy that larger home with the bigger yard, but remember: The more you spend on …

5 tips for buying your first home

For many people, the dream of owning a home might become a reality next year, especially with signs pointing to a homebuyer’s market in …

Real Estate

First-time buyers stressed by the new mortgage ‘stress test’

When Sarah Webb and her boyfriend, Jon Evans, began the hunt for their first house in their native Saskatoon this year, they saw some places they liked and many others they didn't. Both aged 23 and unsure of exactly what they wanted in a new home, they figured they weren't in any rush and decided …

Canadian Real Estate

9 Mortgage Myths That'll Cost You if You Aren't Careful

Image source: Getty Images.<p>Buying a home is probably the single most expensive purchase a person will make during his or her lifetime. Homeownership is often viewed as a sign of success in America, and according to recently released third-quarter data from the Census Bureau, the homeownership rate …

postsabc.com

Perils of Climate Change Could Swamp Coastal Real Estate

MIAMI — Real estate agents looking to sell coastal properties usually focus on one thing: how close the home is to the water’s edge. But buyers are increasingly asking instead how far back it is from the waterline. How many feet above sea level? Is it fortified against storm surges? Does it have …

Real Estate

Mortgage rates keep rising after Trump's election, threatening home affordability

Long-term U.S. mortgage rates continued to surge this week in the aftermath of the election of Donald Trump as president.<p>Mortgage giant<p>Freddie Macsaid Wednesday that the average rate on a 30-year fixed rate loan shot up to 4.03%, the highest since July 2015 and up from 3.94% a week earlier. The …