Saving for a down payment can seem like a daunting task, especially in today’s competitive real estate market. However, with a clear strategy and a few smart financial moves, you can make homeownership more achievable. Here are some practical tips to help you save for a down payment and move one step closer to buying your dream home. 1. Set a Clear Goal The first step in saving for a down payment is determining how much you need. In Canada, the minimum down payment depends on the price... [read more]

How Does The Incentive Help Our Clients? The First-Time Home Buyer Incentive helps people across Canada purchase their first home. The program offers 5 or 10% of the home’s purchase price to put toward a down payment. This addition to a down payment lowers mortgage carrying costs, making homeownership more affordable. This incentive helps young Canadians access home ownership in a fiscally responsible and affordable way. Statistically, this is the demographic group with the lowest... [read more]