Introduction Housing affordability is once again at the center of Canada’s political debate. With the federal election on the horizon, former Bank of Canada Governor and potential Liberal leadership candidate Mark Carney has proposed removing the Goods and Services Tax (GST) on new home purchases for first-time buyers. The aim is to provide meaningful relief...
The Bank of Canada has announced a 25-basis-point reduction in its overnight lending rate, bringing it down to 2.75%. This marks the seventh consecutive rate cut, aimed at mitigating economic uncertainty caused by trade tensions and slowing inflation. For Canadians—especially those in Abbotsford, Surrey, and Edmonton—this development carries significant implications. Whether you are a homebuyer,...
Buying a home is one of the biggest financial decisions most Canadians will ever make, and for first-time home buyers in British Columbia, affordability is a top concern. Fortunately, several government grants, tax credits, and incentives can reduce upfront costs and lower mortgage payments. In this guide, we explore the most relevant programs available in...
BC’s mortgage market is constantly changing, and staying updated on the best mortgage rates can help you secure the lowest borrowing costs. Whether you are a first-time homebuyer, a homeowner looking for mortgage refinance, or a real estate investor, finding a competitive mortgage rate is crucial. In this guide, we’ll explore the current best mortgage...
Are you in search of the best options for first-time home buyer mortgage? Being a first-time buyer may be both an exciting and stressful experience. When shopping for a mortgage and purchasing your first house, there are a lot of factors to take into account. The process of buying and financing a property can be...
