First Time Home Buyers Well Prepared Image

First Time Home Buyers Well Prepared

The first TD Canada Trust Home Buyers Report demonstrates that first time home buyers are savvy when it comes to shopping for a home.

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The FTHBI won’t improve housing affordability in the Greater Toronto Area Image

The FTHBI won’t improve housing affordability in the Greater Toronto Area

Right before the federal election, Canada’s First-Time Home Buyer Incentive will kick into action, making it easier for thousands of buyers across the country to dive into the market.

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Could the FTHBI even be used in Toronto? INFOGRAPHIC Image

Could the FTHBI even be used in Toronto? INFOGRAPHIC

The First-Time Home Buyers Incentive, a new national mortgage-equity sharing program, has been the subject of sharp scrutiny since it was first announced by the federal government in March.

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Condo Pro: Your First Condominium Suite Image

Condo Pro: Your First Condominium Suite

We read a lot in the media recently about first-time home buyers and how important it is to get as much information as possible when making this all-important lifestyle step.

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CMHC explains why the First-Time Home Buyers Incentive will work in Toronto and Vancouver Image

CMHC explains why the First-Time Home Buyers Incentive will work in Toronto and Vancouver

Last week, the Canada Mortgage and Housing Corporation came to the defence of the First-Time Home Buyers Incentive (CMHC will be the organization partnering in the shared equity mortgages).

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Should Canada allow a 30-year amortization for insured mortgages? Image

Should Canada allow a 30-year amortization for insured mortgages?

A new report by Mortgage Professionals Canada discovered that a 30-year amortization for an insured mortgage is the preferred option over the new First-Time Home Buyer’s Incentive.

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Everything you need to know about Canada’s First-Time Home Buyer Incentive Image

Everything you need to know about Canada’s First-Time Home Buyer Incentive

If you’re a first-time buyer in Canada, you’ve likely been waiting for details on the federal government’s First-Time Home Buyer Incentive program. Well, the details are here, including a start date.

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Average First-Time Buyers’ Budgets Increase to $316,100 Image

Average First-Time Buyers’ Budgets Increase to $316,100

The Bank of Montreal (BMO) released its First-Time Home Buyers Report, announcing that the average first-time buyer has increased their average budget to $316,100 (compared to $300,000 in 2013).While the average budget has jumped over $16,000, the

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Why I’m having second thoughts about the First-Time Home Buyer Incentive Image

Why I’m having second thoughts about the First-Time Home Buyer Incentive

So, I’ve had some time to contemplate the federal government’s moves to make buying a home easier and more affordable for first-time buyers, and I’m now having some second thoughts. 

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Home Buying Tax Proposal Poses Danger for First-Time Buyers Image

Home Buying Tax Proposal Poses Danger for First-Time Buyers

By Penny MunozIn a press release earlier this week, the Toronto Real Estate Board (TREB) expressed its concern about a potential proposal that would have first-time home buyers in Toronto paying more than they already do in Home Buying Tax (Land Transfer

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