Here’s a call I get almost every week in Winnipeg this time of year: “Ted, we found the house — it’s perfect, and we have to close in three weeks. But our current place doesn’t close until the end of the month. How are we supposed to come up with the down payment when all […]

Here’s a moment I see all the time in Winnipeg: a buyer gets the email they’ve been waiting weeks for — “Congratulations, your mortgage is approved” — with a PDF attached. They skim the rate, see the number they expected, and fire back “looks good!” without reading the rest. That PDF is your mortgage commitment […]

Here’s a call I got last month from a couple buying their first home in the south end of Winnipeg. They’d done everything right — pre-approved, a solid down payment saved, and in a market this tight, they’d offered $12,000 over the asking price to beat two other buyers. Offer accepted. Champagne on ice. Then […]

Co-signing your child’s mortgage can get them into a home years sooner — but it puts the full debt on your credit and borrowing power, and can affect your title, taxes, and estate. Here’s exactly what you’re agreeing to before you sign.

Winnipeg has quietly become one of the more interesting places in Canada to buy a rental property. Our market stayed firmly in seller’s territory this summer — June sales rose 2% year-over-year with a 70% sales-to-new-listings ratio — yet prices here are still a fraction of what you’d pay in Toronto or Vancouver, with the […]

Here’s a call I get almost every week in Winnipeg: “Ted, we found a bigger place — but we’ve still got three years left on our mortgage at a rate we’ll never see again. Are we going to get hammered with a penalty?” It’s a fair worry. A huge number of Manitoba homeowners are sitting […]