Buying a home in Canada is downright expensive, especially when many urban areas have seller’s markets. Meanwhile, many millennials are leaving urban zones for more quieter lives far from the hustle and bustle, driving up the cost of properties in the suburbs. So, if you plan on buying a new home some time soon, you are going to need to save money somewhere along the line. Turns out, you can get yourself a better mortgage rate, making your home cost less in the long run.
Here is what you need to know about mortgages and how to get the best deal on a new home in Canada: