Mortgage
Choosing between fixed and variable mortgages is a decision that will affect you for many years to come, so it’s best to take your time to understand the pros and cons of each option. Making the right choice can help you save money in the long term and meet your goals. In this article, we […]
What is the Home Buyer’s Plan? In Canada, you can use some of your Registered Retirement Savings Plan (RRSP) to purchase a home. It’s called the Home Buyer’s Plan and it can help you get on the first rung of the property ladder. Of course, you need to have an RRSP account; it all sounds […]
The Canadian government put aside 2 billion dollars to help Canadians buy their first home. First it was the First Home Savings Account (FHSA), now they’ve added a rent-to-own housing program Rent-to-own can be a great arrangement for landlords and tenants alike. It is great for landlords who want an exit strategy from the rental […]
What is mortgage insurance and how does it work? If you don’t know, it could cost you a lot more money in the long run. Here’s what to know before you buy, and why you need to shop around.
72.07% of Canadians think that the tax-free First Home Savings Account (FHSA) will have no real positive impact on their ability to buy a first house. The FHSA is a tax free savings account that blends the tax efficiency of a registered retirement savings plan (RRSP) with the flexibility of a Tax-Free Savings Account (TFSA). […]
