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Some exciting news for First-Time home buyers, as Canada launches its First-Time Home Buyer Incentive Program. First-time buyers with household incomes less than $120,000 a year could be able to save around $286 a month on a $500,000 house without increasing their down payments, according to Jean-Yves Duclos, Minister ofRead More →

IMPORTANT FEDERAL UPDATE FROM THE DEPARTMENT OF FINANCE Finance Minister Bill Morneau today announced changes to the rules for government- backed mortgage insurance to contain risks in the housing market, reduce taxpayer exposure and support long-term stability. Effective February 15, 2016, the minimum down payment for new insured mortgages willRead More →