Down Payment
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Here’s what it takes to buy a home in Canada’s ‘soul-crushing’ housing marketHousing affordability has only worsened as inflation soars and Canadians struggle to save for a down payment. We break down what it takes to buy in today's market.MoneyMay 26, 2022
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Vancouver Island municipality offers homebuyers down-payment grantsThe Victoria-area city of Langford is offering a helping hand to those who have a dream of owning their own home by providing a five-per-cent down payment on their purchase.PoliticsOct 24, 2021
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More Canadians renting for a decade or more before buying first home: CMHC surveyThirty-one per cent of new buyers said they rented for a decade or more before purchasing a house. That's up from 22 per cent in 2018.ConsumerNov 15, 2019
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Attainable Homes program facing new challenges as Calgary housing market dropsSet up in 2009, Attainable Homes provides funding so people can meet the five per cent threshold for a down payment.ConsumerSep 20, 2018
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Home sweet home — prairie baby boomer homeowners prefer to stay put: surveyA Royal LePage survey found 67 per cent of baby boomer homeowners in Manitoba and Saskatchewan prefer to remain in their current homes over moving or downsizing.Aug 8, 2018
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$13M in down payment loans driving Vancouver condo prices up: EconomistA B.C. government program to help first-time homeowners with their down payment has loaned out more than $13-million in its first six months, but one economist warns it's heating the market.Jun 26, 2017
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Why homebuyers should stay away from this popular financing strategyBottom line: If you can't afford a larger down payment, buy a smaller home or keep renting.CanadaApr 27, 2017
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Down payment help: What parents, kids should know before money is giftedFinancial experts offer their advice to cash-strapped millennials looking to buy their first home with a helping hand from family.ConsumerJan 16, 2017
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Canada should consider requiring bigger mortgage down payments: CMHCThe head of Canada's federal housing agency says regulators should explore the possibility of raising the minimum down payment required on a home as a way of easing affordability and reducing risk to the financial system.MoneyNov 18, 2016
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Saskatchewan gives out $2M to help grads buy homesMore than $2 million has been approved under Saskatchewan's plan to help new graduates buy their first home.PoliticsJun 28, 2016
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