first time home buyers

I’ve learned a few things about homeownership since I bought my first home in July 2016.

You’ve saved your down payment, received a mortgage pre-approval through your mortgage broker, found a realtor, viewed several homes and found “the one.” Now you’re ready to make your offer to purchase, and after a few … Read More

How long do you think the average Canadian spends hunting for a home?

For many Canadians, buying a home will be the largest financial commitment of their lifetime. But with so much at stake, how do you know when you’re truly ready to buy a home?

As more than 45% of the 620,000 Canadian homebuyers in 2015 can attest, buying real estate for the first time is an exciting, but a sometimes uncertain experience. There are many aspects of home buying that … Read More

Becoming a homebuyer and applying for your first mortgage is something you most likely weren’t educated about while growing up. You knew that your parents had one and that you would eventually need one, but you … Read More

Banks try more up-front pricing – Canadian Mortgage Trend You’ve probably seen them before: “special” rate offers from banks listed online, in newspapers, on billboards, etc. And while the word “special” sitting next to a number … Read More

Each Friday, the Notable News of the Week recaps the major events from the Canadian mortgage and housing industry. This week, the new mortgage rules are starting to impact the Canadian mortgage-bond market; many first-time home … Read More

Life got a little easier for first-time home buyers in British Columbia. Finance Minister Kevin Falcon announced that the province approved the BC first-time home buyers’ bonus which awards a one-time refundable income tax credit worth … Read More

With the new university year underway, parents and kids alike are facing overwhelming rent costs.  Not many students have the option of living at home and housing accommodation doesn’t come cheap these days. Consider this option: … Read More