Real Estate, Houses, and Mortgage

The biggest purchase you'll ever make

Raise your hand if you’ve heard the phrase, “My home is the best investment I ever made.”. 

Now either you managed to buy a home twenty years ago in the historically ridiculous markets of Vancouver or Toronto – or you just aren’t very good at investing.

Keeping it simple

Understanding how to buy a home and how to invest in real estate are two different sides of the same coin.  While I prefer to invest in more liquid assets for the time being, there is little doubt that there is money to be made as a landlord.  And just because homes shouldn’t be classified as investments, doesn’t mean that they are irrelevant to personal finance – far from it.  In fact, it’s my opinion that it’s on this issue many Canadians cripple their personal finance plans before they even get started.

You know what is a really quick way to make sure you don’t pay yourself 10%?  To pay the bank over 40% of your pay each month for your mortgage and then wonder how you can afford to buy a coffee pot to put on those gorgeous marble counter tops you had to have.

We’ll let you know the ins and outs of getting a mortgage in Canada, some tips and tricks for buying and selling home, as well as our dabbling in real estate investment. You should also read our free ebook on How To Buy Your First Home in Canada.


Get a whole FREE eBook about real estate upon signing up to our newsletter.

Most Popular Real Estate and Mortgage Articles


Mortgage broker or big banks - Which is better?

You're looking to buy a place but don't know whether to go with a Canadian mortgage broker or with a big bank...


Variable vs Fixed / Open vs Closed Mortgages

With all the different options for mortgages, things can get confusing. Get the straight answers on what all the choices really mean.


Real Estate Agent Commissions - Decoded

Real estate agents don't charge you a fee directly, but are they really free? Here we'll explore their commissions and how they impact your purchase or sale.


Tax Deductions on Property Income in Canada

Making money with a property? There could be some money-saving tips for you buried deep in the CRA's tax code. 


How to Port a Mortgage in Canada

Don't want to move because of mortgage penalties? Learn all about porting your mortgage in Canada here.


4 Ways to Pay your Mortgage Faster

Find four of our top tips and tricks to get mortgage-free faster. Pay off sooner and save more long-term!

Additional Reading

Check Out Our Free eBook and automatically get updates on the latest housing-related news sent straight to your inbox. Mortgage rate movements, down payment strategies, and homeowner-related tax news are just a few the topics we cover on an ongoing basis


Get $100 in bonuses and 2.4% interest on your savings account with Tangerine.


Most Recent Posts

Addressing Victim Mentality in Personal Finance

Addressing Victim Mentality in Personal Finance

Now I remember why I dislike Twitter so much… Usually I check the Young and Thrifty Twitter account every few days just to skim some personal finance stuff and retweet anything that I think is particularly new or interesting.  Occasionally I have something original to say or we want to showcase an article that just…


Your $29.99 Premium Scented Candle Is NOT Self-Care

There’s a new cultural trend on a precipitous rise: spending money in the name of “self-care.” Take a hot bubble bath with enough candles that your bathroom could be mistaken for a vigil! Wrap yourself in a cocoon of new 900-thread count sheets! Do not move for 48 hours, unless it’s to dish up another…

Save Money by Going Back to the Future

Save Money by Going Back to the Future (Countering Present Bias)

Human beings are not naturally smart when it comes to money.   As much as I’d like to exclude you and I from that statement, statistically-speaking, most of us are lumped in together. We have a really hard time making wise choices when it comes to managing our finances.  One area in which we’re particularly…

Justwealth Cash Bonus Offer

Are Canada’s Robo Advisors Only For My TFSA and RRSP?

Many visitors come to Young and Thrifty these days through our article on Canada’s Robo Advisors.  If you have general questions about what a robo advisor is, or who they work best for, please check that one out.  If you want to see what Canadians who have used robo advisors think of them, please check…

The 10 Best Money Lessons From Retirees

Don’t Piss Off Your Future Self: The 10 Best Money Lessons From Retirees

“Don’t piss off your Future Self, Amanda,” or “Your Future Granny will not approve of this,” I’ll sometimes whisper to myself as I’m about to do something that feels financially—well—stupid. I started doing this about a year ago as a reminder to think critically about decisions and to consider their long-term effects. It's a helpful…


Should I Become an Uber Driver-Partner in Canada? Pay, Requirements + Sign Up Guide

If you’re looking to become an Uber driver and get paid by working on your own schedule – then you’re in the right place!  We’re constantly updating this article to reflect the latest Uber hiring practices, requirements to become an Uber driver, and how much Uber drivers get paid.   With so many people these…