First-time Homebuyer
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First-time homebuyer incentive program ending, CMHC saysCanada Mortgage and Housing Corp. says the deadline for new or updated submissions to the program is midnight eastern time on March 21.CanadaMar 1, 2024
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52% of new homebuyers likely to use first-time savings account: pollA new survey suggests a little more than half of potential first-time homebuyers are interested in using a first home savings account, even though they don't know much about it.MoneyDec 7, 2023
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Is a cottage a viable 1st home? How the ownership thought process is changingShould your first property be urban, suburban or rural? Here's what to know about how costs and lifestyle can vary depending on where and what kind of home you buy.CanadaSep 23, 2023
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Pricey real estate means many can’t use Liberals’ homebuying proposals: expertsHouses in Toronto, Vancouver and Victoria are too expensive for most families to take advantage of the proposals, said Sal Gualtieri, a senior economist at BMO Capital Markets.PoliticsSep 13, 2019
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Rates are up, prices down. How tough is the mortgage stress test across Canada today?Here's what it takes to buy an average-priced home in Canada's major cities — and how choosing a 30-year mortgage would change that.MoneyFeb 26, 2019
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B.C. tears down 1st time homebuyer loan program, after just 3,000 people signed upThe province says just 3,000 people took advantage of a loan program for first-time homebuyers.CanadaMar 6, 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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B.C. Premier announces new initiative to support first-time homebuyersThe B.C. government is announcing a new program it says will help more British Columbians buy their first home.NewsDec 15, 2016
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