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Home renovations are a popular option for homeowners looking to enhance their property value, improve functionality, or simply update their living space. With the fluctuating real estate market conditions in provinces across Canada, financing a home renovation can be a crucial decision. Understanding how mortgage rates impact this financing and choosing the best loan options available can help homeowners make informed decisions.
When it comes to purchasing a home in Canada, your credit score plays a crucial role in determining your mortgage eligibility. However, having bad credit doesn’t necessarily mean you can’t achieve your dream of homeownership. In this article, we’ll explore the real estate market, the impact of mortgage rates, and your options for securing a bad credit mortgage.
In this article, we’ll explore the pros and cons of refinancing, highlight its benefits, and discuss potential drawbacks to help you make an informed decision.
The real estate market shifts with mortgage rates, impacting buyers. Rising rates boost interest in sub-prime mortgages—learn what they are and how to qualify.
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