MCAP Blog

Thinking about buying your first home? For many Canadians, becoming a homeowner right now is a challenging goal. In an effort to help make homeownership more attainable for all Canadians, especially younger Canadians in the Millennial and Gen Z demographics, the government is implementing some changes that could help first-time homebuyers purchase their first home.

If you’re a homeowner, building equity in your home is a little like long-term investing – you are building wealth in an asset that, in turn, will boost your net worth. As the value of your home increases and the balance of your mortgage decreases, you’re building equity that could potentially be used to support your other financial goals. Discover 4 ways you can actively build equity in your home.

With summer nearly upon us, now is the perfect time to prep your home for the season. Summertime brings with it the promise of sunshine, outdoor activities, clear nights and maybe even some fun in the water – but there is also some work to do around the house in order to truly enjoy all that the season brings. Here are six ways to prepare your home for summer.

When applying for a mortgage, there is always a lot going on. There are several mortgage types to choose from, lots of steps in the mortgage process, and plenty of paperwork to complete before everything is finalized. Considering all of these factors, it is easy to overlook a detail, miss a step or make a mistake somewhere along the way. Unfortunately, some mortgage mistakes can have long-term consequences – that’s why it’s important to be aware of some of the more common mortgage missteps and understand where you’ll want to pay extra attention throughout the process.

Congratulations! You’ve bought a new home and are getting ready for the big move. There’s a lot to be excited about, and a bit of work ahead too. After buying a house, there are a number of things to do – both inside and outside of your home – that will help you settle in faster and start enjoying your home sooner. Here are ten things to do after buying a house.