The Federal government last week announced details of its planned First-Time Home Buyer Incentive, which is aimed at helping first-time buyers get a foot on the housing ladder. We took a close look at the details and consulted financing experts to see what this announcement could mean for home buyers in the Greater Toronto Area. […]
Buying a home: a guide for first time buyers
Buying a home can be one of the biggest moments in your life and that is especially true for first time buyers. But how does the process work and what do you need to know? Here’s are some useful tips for anyone buying a home for the first time: Clean up your finances Let’s get […]
Your First Home Purchase: A Guide to Federal Tools and Credits
GREATER TORONTO – If you are considering buying your first home in 2017, you are not alone. Far from it, in fact – an October 2016 poll commissioned by the Toronto Real Estate Board (TREB)* revealed that first-time buyers will likely account for more than half of 2017’s home sales across the GTA. While the […]
First-Time Buyers Driving Property Markets: CAAMP
TORONTO – A new survey-based report, issued by the Canadian Association of Accredited Mortgage Professionals, has revealed new insights on the decision-making process, as well as financial parameters, of home buyers across the country. Completed in June 2015, A Profile of Home Buying in Canada was based on a survey of more than 800 Canadians, […]
Fixed-Rate Mortgages: an Attractive Option for First-Time Home Buyers
GTA REAL ESTATE – For someone planning on entering the Toronto area’s real estate market for the first time, choosing a mortgage can be a tough decision because of the various options available. You can pick and choose your amortization period, the amount you’re willing (or able) to put into your down payment, and – […]