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Why rent when you can buy?
[metaslider id=”54845″] The cost of living in Toronto has gone up and the housing sector is one of the main factors. Is no news now that the prices of residential properties are very high, so it has been hard for many families to be able to purchase a new home, whether the income is not…

35,000 home buyers plan
35,000 home buyers plan Raising the amount allowed to be borrowed from your RRSP’s savings account from 25,000 to 35,000 to be used as a home down payment is a “Plan” that one of the candidates for the prime minister’s office is looking to champion So far this is only a “Plan”, but how interesting is that to you…

Home purchase assist program
Home purchase Assist program from First Swiss Mortgage Corporation First Swiss Mortgage will lend a second up to 95% LTV, that client can use to reduce the first mortgage amount below CMHC margin. Which means – no CMHC premiums, and less down-payment form client’s own sources Not everyone can afford 20% down-payment, especially at the…

Interest rates down
Interest rates down We have been informed of interest rates gone down and you should be informed as of which mortgage products are offering them. Employed people currently renting and with a rental contract coming up to renewal should be most interested. Sometimes life gets tough to some, and considering that there are ways and times…

Downpayment from RRSP’s
down-payment from RRSP’s If you as a first-time home-buyer are planning to buy your home this year and are facing the question of where will you get the down payment from? This article is for you. One can only admit that the advantages given, by the Government of Canada when it comes to promoting homeownership are…

Reverse mortgage – Income advantage
Chip – Reverse Mortgage – Income Advantage On a reverse mortgage, interests paid are tax-deductible and lower than the increase of the equity of your home Chip – Reverse mortgage A reverse mortgage is a loan secured against the value of your home. Unlike a loan or a regular mortgage, with CHIP you are not…

