by Lora Behm | Jul 6, 2024 | First Time Home Buyers
If you are starting to save your money for a down payment it can be super confusing on where to put the money. So many different options! RRSP, FHSA, Chequing Account, TFSA, under your pillow? I am going to break down for you what accounts you should be opening and in...
by Lora Behm | Apr 19, 2024 | First Time Home Buyers
The Federal Government announced their 2024 budget this week which made some changes to the Capital Gain Inclusion Rate. What is a capital gain? It is the difference between the assets cost & total sale prices. Typical assets include rental/investment properties,...
by Lora Behm | Apr 12, 2024 | First Time Home Buyers
The RRSP Home Buyers Plan is a plan that allows a first time home buyer to take money out of their RRSPs and put towards the the purchase of their new home. That money can be used for anything (furniture, down payment, your land transfer tax, etc). Because you...
by Lora Behm | Mar 23, 2024 | First Time Home Buyers
On March 1st, the Canada Mortgage & Housing Corporation, also known as CMHC, discontinued the First Time Home Buyer Incentive effective March 21st. Don’t worry, this is not a major changet! I’ve been getting lots of questions so I thought I would...
by Lora Behm | Mar 15, 2024 | Uncategorized
Unbelievably, 80% of the mortgages that existed in March 2022 will be up for renewal in 2024. And with all of the talk around Mortgage Rates in every piece of media available, you might be stressing about an upcoming renewal. First of all, even if you got one of...
