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Discover how shifts in Canada's real estate market are affecting home buyers and sellers—trends, pricing, and what it means for your next move.
In the dynamic world of Canadian real estate, buying a new home while selling your current property can pose financial challenges. This is where bridge loans come into play. With fluctuating provincial real estate market conditions and rising mortgage rates, understanding bridge loans is essential for homeowners and potential buyers. In this article, we will explore what bridge loans are, how they work in Canada, when they make sense for Canadians, and the eligibility criteria for securing one.
Canada’s real estate market is ever-changing, influenced by economic trends, mortgage rates, and provincial market conditions. For homeowners looking to tap into their home equity, second and third mortgages offer unique opportunities. Here, we’ll delve into what these types of mortgages entail and how they can provide financial flexibility.
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