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First Time Home Buyer’s Tax Credit

First Time Home Buyer’s Tax Credit

First Time Home Buyer’s Tax Credit Not many people know that as a first time home buyer, you may be eligible for up to a $750 tax credit on your 2017 income taxes! This article explores the major points of this claim, however, it’s always important to...
10 Common Mortgage Mistakes You’re Making

10 Common Mortgage Mistakes You’re Making

10 Common Mortgage Mistakes You’re Making Congratulations! You’re on your way to home ownership. But have you been doing all you can to ensure the smooth sailing of your mortgage approval? From pre-approvals to small decisions, there are many factors to...
Canada’s New Mortgage Rules 2018

Canada’s New Mortgage Rules 2018

It’s been a year since the Minister of Finance made the previous rule changes (Oct 2016) to home purchases for down payments that were less than 20%. These purchases required stress testing and to be able to debt-service at the Bank of Canada benchmark rate (which is...