Buying your first home is a huge investment and a big decision. Between downpayment and mortgage rates it is easy to forget other costs involved in owning a home. When assessing your situation, it is important to know that there is a broad range of cost-saving programs available to help you. … Read More Rebates and tax saving tips for first-time home buyers
The Greater Vancouver housing market saw a slight increase in the number of home sales, a slight reduction in the number of listings, and a slight decrease in home prices in October compared to the summer months. With those changes, the sales-to-active-listings ratio increased to 11% in October from 8% in September.… Read More October 2012 Housing Market Update
As part of the Government’s continuous efforts to strengthen Canada’s housing finance system, the Honourable Jim Flaherty, Minister of Finance, today announced further adjustments to the rules for government-backed insured mortgages.… Read More New Mortgage Rules 2012
When financing a home, the following considerations can help you to save money and provide for greater economic stability in the event of financial challenges down the road such as lower income levels, increased monthly expenses and/or higher interest rates.