Tag Archives: First-time buyer

Is the First-Time Buyers Incentive a Smart Choice for Canadians?

In March the Canada Mortgage and Housing Corporation (CMHC) announced the new First-time home buyer incentive (FTHBI), set to launch on September 2nd, 2019. The incentive presents the opportunity to receive an interest free loan of up to 10% of the property value, when purchasing your first home. The question now is, will it be worth it? The answer is not as black and white as it may seem. The … Read More

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