This new type of savings plan, which would allow first time home buyers to save up to $40,000 on a tax-free basis, is geared towards Canadians saving for their first home. Learn more about the qualifications, benefits and structure for this account to see if it will work for you.
Recent Posts
First-time homebuyers in Canada have a unique opportunity to use their Registered Retirement Savings Plan (RRSP) towards their down payment for a first mortgage. Here's how it works.
We know there's a lot to think about after you've moved in and are getting comfortable in your new space. Here's a few tips to help you get settled in
If you own a house, you probably have some equity in it. This means that you have more value in your home than you owe on your mortgage. In fact, you might even have enough equity to buy another property or pay off outstanding debts and save on the interest.
You may be wondering, how much should I be saving for a down payment? The answer depends on a number of factors such as home value, mortgage type and lender.
If this is something you’re considering, what are your options? How do you know if you are in the right place to invest your money? What is involved with having real estate investments? Let’s find out!
With mortgages being the highest in history in Canada, it is even more important to cover yourself and your home with mortgage insurance for all of life’s unknowns.
The price of a home renovation can make your head spin. Fortunately there’s something to consider that may help — renovation mortgage financing.
If you’re staring at the amount you have left to pay off your mortgage with wide eyes, don’t worry–we’ve all been there. Here are five ways that you can pay your mortgage off faster.
When it comes time to buy a house, there are a lot of questions that we start to ask. One of the first, when you begin negotiating your mortgage, is about the term. What is a mortgage term? Why is it important? And, more important still, how do you pick the right one?