New mortgage rules might make buying in Canada more difficult

There are new guidelines for banks that came into effect at the beginning of November. These are designed to avert a property bubble by forcing lenders to apply stricter rules when qualifying buyers. If you are planning on putting down … Continue reading

New home buyer’s bonus

This post comes from our mortgage broker, Keith Baker, of Dominion Lending Centres. In its 2012 Budget announced yesterday, the Provincial Government announced a temporary one-time refundable personal income tax credit worth up to $10,000 if you are a First-Time … Continue reading

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