Category: Real Estate

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The complete guide to buying your first home

These costs—which include lawyer fees, land transfer taxes and other administrative fees—vary somewhat based on the property price and location, but they typically add up to 1.5% to 4% of the purchase price. If...

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How much mortgage can I afford?

To calculate your total debt service ratio:  Add up your housing costs (mortgage payments, property taxes, heating and, if applicable, half of your condo fees). Also include any other debt obligations, such credit card...

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7 smart strategies for first-time home buyers

Smart people who consider those questions—and more—every day respond with these seven pieces of practical advice.  Get the mortgage rate that works for you.Find the best rate for you in under 2 minutes at...

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What is a mortgage?

Loan Mortgage Definition A financial agreement in which the borrower agrees to repay the lender the principal amount borrowed plus interest over a period of time. A secured loan used to buy a home...