Author name: Équipe Desrochers

The government is set to introduce new regulations regarding flood zones, a measure which could affect more than 77,000 properties across the country. This initiative aims to better protect citizens and infrastructure from the growing risks of flooding, exacerbated by climate change.   Key points of the new regulations: New mapping: A new map of […]

Buying a property is a dream for many, but for 45% of Quebecers, saving for a down payment seems out of reach. With rents eating up a significant portion of income, is it still possible to put money aside to become a homeowner? Let’s explore this question.   The challenges of saving for a down

The recent drop in interest rates has sparked renewed interest among potential buyers. According to mortgage brokers, this decrease has reactivated many purchasing projects, creating excitement in the real estate market. June 5, in particular, was a day marked by an avalanche of requests for mortgage pre-authorizations. Let’s take a closer look at the effects

Since the pandemic, the rate of delinquent mortgages has remained stable, but in 2023 the situation has taken a worrying turn. The Canada Mortgage and Housing Corporation (CMHC) recently confirmed that more and more homeowners are struggling to repay their mortgage loans. Key points : – Increase in delinquent loans: In 2023, there will be

Article written by Michael Lemelin, Mortgage Broker C. 514.819.2243 E. michael.lemelin@archyp.ca   Buying a home is one of the biggest financial decisions most people will make in their lives.     In Canada, mortgage rules are designed to ensure borrowers are well prepared for this responsibility. These rules aim to protect both borrowers and lenders

The desire to become a homeowner is strong among many Canadians, but the obstacle of making a down payment can seem insurmountable. However, “No down payment, no property” is not inevitable.   Little-known programs within your reach It is true that in Canada, purchasing a property generally requires a minimum down payment of 5%. However,

Real estate investment attracts many savers looking for additional income. But does it make sense to use your RRSPs to purchase an income property? This article explores the available options and their implications.   The RRSP, a flexible savings tool… up to a certain point   The RRSP is primarily designed for liquid investments such

Real estate in the Montreal region is experiencing a prosperous period, with figures showing positive dynamics for sellers and an opportunity for buyers. Let’s take a closer look at what’s going on.   A significant increase in residential sales On the South Shore of Montreal, residential sales experienced a remarkable increase of more than 23%

While the world of real estate is often in flux, a new capital gains law promises to redefine the rules of the game for rental property owners, sparking both concern and mobilization within the real estate community.   New capital gains regulations Impact and costs with the approach of the new capital gains law, rental

In a real estate environment marked by economic uncertainty and interest rate fluctuations, aspiring owners face complex decisions.   Let’s take a closer look at the current trends and perceptions shaping today’s real estate market.   Strategic Expectation of Buyers An overwhelming majority of 72% of potential home buyers are scanning the market, anticipating a