Finance News – Homebuyers
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Proposed GST rebate for first-time homebuyers could offer average relief of $27,000, PBO says
The government may incur an estimated $1.9 billion in expenses due to a tax incentive designed to provide substantial financial support to individuals purchasing their first home.
Read Full Article →The just-right down payment: Tips for homebuyers in the trade-war economy
Making a smaller initial payment on a home can lead to reduced interest rates, but it may also result in additional expenses that affect the overall affordability of the purchase.
Read Full Article →With tariff uncertainty dragging on real estate, here’s what advisors are telling potential homebuye...
Financial advisors indicate that ongoing uncertainty about trade policies is contributing to increased hesitation and anxiety among prospective homebuyers, potentially impacting th...
Read Full Article →What you need to know about Ottawa’s proposed GST cut for first-time homebuyers
The government’s initiative to reduce the GST for first-time homebuyers aims to make purchasing property more affordable, potentially stimulating the housing market and affecting f...
Read Full Article →With a new GST rebate coming, here’s a refresher on other tax breaks for first-time homebuyers
The introduction of an additional GST rebate, alongside existing tax incentives for first-time buyers, presents opportunities for advisors to enhance their support and strengthen c...
Read Full Article →Mortgage rates rose to the highest level since January, but demand from homebuyers still grew. Here'...
Despite an increase in borrowing costs reaching their highest point since early this year, the interest and activity among prospective homeowners experienced a modest uptick during...
Read Full Article →One Bright Spot If a Recession Hits? It Might Be Mortgage Rates
During an economic downturn, decreased demand and monetary policy adjustments may lead to lower borrowing costs, potentially making home financing more accessible for prospective b...
Read Full Article →Mortgage demand from homebuyers continues to recover, even with higher interest rates
Despite increased borrowing costs, the rise in available properties has encouraged more potential buyers to seek home loans, indicating a gradual improvement in the housing market'...
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