As of April 2021, the changes to the First-Time Home Buyer Incentive program the federal government announced as part of the Fall Economic Statement on November 30, 2020 are in effect. The eligibility for the program has been expanded in the higher priced housing markets of Victoria, Vancouver, and Toronto.
You've worked hard to save a down payment. You've got your dream home in mind. But how do you get from that moment of being ready to owning your first home? That was the situation our client Tom found himself in.
Written by
Katherine Lim
· Tagged:
mortgage broker,
first time home buyer,
mortgage insurance
Jan 12 2018
How to budget for your first home
One of the most difficult things for people when it comes to their personal finances is planning and sticking to a budget. When you're buying your first home, it's likely the biggest purchase you have made in your life; knowing what you can realistically afford each month becomes even more important!
Written by
Kam Brar
· Tagged:
Expert Advice,
home insurance,
property tax,
first time home buyer,
budget,
mortgage insurance