Mortgage fraud continues to be an issue of concern for the real estate industry and the public.
As a regulatory body, RECO addresses mortgage fraud through education, investigative activities to ensure compliance, collaboration with organizations concerned about mortgage fraud, and legal/statutory activities to impose disciplinary acti...
The Growing Trend: Single Women Homebuyers in Ontario
Ontario’s housing market is undergoing a fascinating shift, one that is gradually challenging long-held norms. Over the past decade, there has been a noticeable increase in the number of single women purchasing homes, a trend that is now gaining significant momentum. Once predominantly dominated...
Good Debt vs. Bad Debt: Should You Really Try to Pay Off Your Mortgage in Ontario?
Debt is often seen as a dirty word—but not all debt is created equal. While high-interest credit card balances can wreck your finances, some debt can actually be beneficial. So, what’s the difference between good debt and bad debt, and where does your mortgage fit int...
What You Should Know About Rental Furnaces and A/C in Ontario
If you live in Ontario, chances are you've seen ads or had door-to-door salespeople offering rental furnaces or air conditioners. On the surface, these offers seem convenient and affordable — but are they really worth it? Before signing anything, it’s important to understand the ins and o...
If you're a homeowner in Ontario—or planning to become one—understanding how property taxes work is key to managing your finances. Property taxes might seem complicated, but once you know what goes into the calculation, it all starts to make sense. Let's break it down in a simple and straightforward way...
Boomers and the Rental Boom: Why More Canadian Seniors Are Choosing to Rent
For generations, homeownership was considered the ultimate financial goal—something to strive for and hold onto in retirement. But for a growing number of Canadian seniors, renting is becoming the new norm.
According to new research from Point2Homes, the fastest-growing segm...