purchasing-sale

First-time homebuyers can now apply for a 30-year mortgage. Is that a good thing?

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First-time homebuyers can now apply for a 30-year mortgage. Is that a good thing?

The 30-year amortized mortgages announced in the 2024 federal budget are kicking in on Thursday. First-time homebuyers who are purchasing newly built homes can now qualify for a 30-year mortgage, giving them five additional years to pay off an insured mortgage. For other mortgages where default insurance is required, a 25-year amortization limit is still … Read more

After a tough year, Aritzia banks on U.S. expansion to keep growth humming

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After a tough year, Aritzia banks on U.S. expansion to keep growth humming

Improved financial performance at Vancouver-based retailer Aritzia sent the company’s stock soaring on Thursday morning by more than 20 per cent, though some experts warn the company isn’t out of the woods after a challenging year saw the company’s red-hot hype start to simmer down.  The clothing chain announced its latest quarterly earnings on Wednesday after … Read more