The enhanced housing affordability measures introduced in the federal budget in March are not expected to have a significant effect on home prices. The increase in the registered retirement savings plan withdrawal limit to $35,000 from $25,000 has been in effect since it was announced. The First-Time Home Buyer Incentive – a three-year, $1.25 billion shared equity mortgage program whereby the Canadian...
Either you are planning to buy your first home or upsizing or buying for investment, journey to buying home requires a lot of time and efforts, moreover, it comes with big financial responsibilities. It takes sacrifice, discipline and determination. These measures will may assist to make the home buying process manageable, simplify process and help to achieve your ambition. It may provide clarity ahead...
There are success and failure stories in real estate investment industry. It is important that you ask professional realtor or investor before you make your investment decisions. Here is few tips, which may help to shed some light. One hand you can laverage mortgage with calculated risk, however, real estate investment is long term goal. Investors will not liquidate funds, in case you need fund quickly....
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