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[By Jacqueline Power, Advisor’s Edge] As real estate prices soar in Canada, the government is looking at ways to cool the market while helping new buyers purchase their first home. Ontario is expanding its foreign buyers’ tax and many are watching the April 7 federal budget for additional measures to address affordability. As spring approaches … Read more
[by Robert McLister, The Globe and Mail] If you’re in the trenches shopping for a new mortgage, I’m going to tell you something I’ve rarely told anyone in 13 years in this business: Variable rates are a gamble that you don’t need to take.
[By Colin McCleland, Financial Post] The details of a $1.25 billion home-buyer incentive program that was included in the federal budget shows it will save new owners a few hundred dollars a month on their mortgage. First-time buyers with household incomes less than $120,000 a year could be able to save around $286 a month … Read more
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