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19 July 2016

Brexit and Canadian Mortgage Rates: What's next?

Breakup of the European Union? The Brexit vote took many by surprise, leaving investors to speculate the very real threats of EU break-ups. The public has been long alarmed by this possibility since the economical crisis in 2008, although EU's leaders have continuously calmed and suppressed the matter through debt pardoning. However, with United Kingdom being the first to publicly declare that it...

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09 June 2016

In Today's Market- Should You Buy a Condo or a House?

Considering the resale value of the property For those looking at the long-term investment potential, detached houses continue to be in the highest demand, particularly in Vancouver and Toronto. This has to do with the supply/demand dynamics, which translate into high appreciation value over the long-term. Unlike houses, there are situations where condo values actually decline. Some experts...

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06 May 2016

Selling or Renting Your House - the Pros and Cons

Why rent out your home? When a tenant pays rent, one of the primary benefits is that the mortgage is being paid on your behalf. Beyond that, the home is earning market equity. In the event that the home is mortgage free, the monthly rent is a source of income. Diversifying investments For those who are able, renting out a home provides an additional income stream, and can serve as an investment...

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04 May 2016

What to Consider When Planning a Major Renovation

Assessing the condition of the home It's a good idea to assess the positives and negatives of the home. Here again, the experts (like an engineer, electrician, or contractor) can assess any serious issues and point to anything severe. Make a brief "wish list" for the reno A "wish list" will better define the aims of the renovation - functional aspects, design and decor aspects, and structural...

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15 April 2016

Starting to Save for Your First Home in Your 20's

Where possible, try to live at home while building savings Paying rent is the biggest monthly expense of any age. Today, average housing accounts for one third of one's income (often more). Clearly, living at home base can circumvent these costs. Family issues aside, there's no better deal. But the dollar savings could make for a reasonable sacrifice. As an alternative, find some roommates and...

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12 April 2016

Budgeting for your home renovation

It's a good idea to estimate, and even itemize some of the costs It's not that difficult to get a"ballpark" estimate of the project cost in total. There's plenty of information and estimating tools out there, whether it's remodeling the bathroom, upgrading the kitchen, finishing the basement. Clearly, the numbers will be all over the place, depending on the quality of the project and whether a...

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Recent Posts view all posts

Can You Apply for the HST Rebate More Than Once?

Those who’ve already applied in the past once may be considering applying again with a new home. If you want to apply again for the HST Rebate on New Homes, here’s what you should know.

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How the HST Rebate Can Make Your Renovations More Affordable

Renovating a home is an exciting yet expensive endeavour. Whether you're adding a new room, upgrading your kitchen, or modernizing your home's exterior, costs can quickly add up. Fortunately, if you're planning renovations or have recently purchased a new home, the...

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In celebration of our 3 year anniversary at Rebate4u Inc, we have decided to reduce our fee structure for all new home and renovation rebates including the New housing rental rebate.  

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