First-time home buyers in Ontario are waging a perpetual uphill battle. The cost of living is high, housing supply is low and home prices remain some of the highest in Canada. In 2024, the provincial average home price exceeded $865,000, while the average price in Toronto was more than ...
Provincial home buying initiatives aren’t quite as flexible; if you’ve owned a home at any point in the past, you may not be eligible for them. For example: To qualify for the land transfer tax refund in Ontario, you’re only considered a first-time home buyer if you’ve never ...
What is the Home Buyers' Plan? With the federal government's Home Buyers' Plan, you can use up to $60,000 of your RRSP savings ($120,000 for a couple) to help finance your down payment on a home. To qualify, the RRSP funds you're using must be on deposit for at least 90 ...
First-Time Home Buyer Mortgage Programs in Ontario There are a wide range of programs available to first-time home buyers in Ontario, but the best program will depend on your specific financial situation. Learn more about the most popular programs below — or reach out to our team for advice...
Your First Home - The Closing Process Both seasoned homebuyers and first time home buyers want the closing process to go smoothly. Down Payment Assistance Loan for New York Home Buyers The Down Payment Assistance Loan Program aims to assist first time home buyers in the process of securing their...
You’ll also need to use a participating lender and complete a CHFA-approved home buyer education course. CHFA HomeAccess and HomeAccess Plus The CHFA HomeAccess program provides a 30-year fixed-rate mortgage to first-time buyers and qualified veterans who are either living with a permanent ...
When you’re ready to buy a home, having a higher down payment can save you money in the long run. If you plan to buy in the near future, setting money aside now for a down payment can only help. Learn to save for a down payment How to build credit to buy a home Credit sco...
Broadridge announced their continued success in modernizing wealth management in Canada with a First Home Savings Account (FHSA) solution.
Why Luxury Home Buyers Need a Loyal Real Estate Buyer Agent Jan 28, 2025 8:56:38 PM Navigating the complexity of luxury home buying involves more than coming up with the cash to pay for a high-end property; it requires in-depth market research, a highly-developed eye for details, astu...
First-time home buyers, check out this seminarFELICIA DECHTER Contributing Columnist