Posts tagged with: mortgage down payment

First Time Home Buyers

New First Time Home Buyer Incentives Announced

The Federal Liberal government, in their latest budget before that was released in March, introduced new First-Time Home Buyer Incentives, but didn’t have many details of the program. Well, newly released details have these incentives scheduled to take effect in September 2019.¬† The new $1.25-billion program will allow new first-time home buyers to apply for [&hellip

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New Minimum Down Payment Rules

Down payment requirements are changing in Canada  The housing market is booming in areas like Vancouver and Toronto. Rumors have been circulating for a few weeks but today Finance Minister Bill Morneau made his official announcement. In an effort to maintain a healthy and stable housing market there will be an increase to down payment [&hellip

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