Garry Marr: Why U.S. 30-year mortgage contracts are a mixed blessing for homeowners

U.S. 30-year fixed-rate mortgages allow homeowners to lock in low interest rates for the entire loan term, but this benefit becomes a liability if they want to sell and move to a new property. The article explores how long-term rate locks that seem advantageous initially can actually disadvantage homeowners in dynamic housing markets.

This pharmacy technician had $425,000 to buy a condo in Scarborough, Ont. What did she buy?

A pharmacy technician in Scarborough, Ontario used her $425,000 budget to purchase a condo that met her criteria of a one-bedroom unit with outdoor space, gym or pool amenities, and proximity to public transit.

Buyers trim $19,000 off price of Etobicoke waterfront condo

Buyers negotiated a $19,000 price reduction on an Etobicoke waterfront condo unit. The property features modern finishes including a kitchen with island and quartz countertops, two full bathrooms, and a laundry closet.