Tax-Free First Home Savings Account Archives - Mortgage Rates & Mortgage Broker News in Canada

A First Home Savings Account should be on every first-time buyer’s holiday wish list

December 24, 2024 No Comments

Introduced in April 2023, the First Home Savings Account (FHSA) is a game-changer for Canadians looking to save for their first home.

Here’s why prospective first-time buyers should open a First Home Savings Account

December 19, 2023 No Comments

The new First Home Savings Account (FHSA) is being hailed by some as “the greatest deal in the history of Canadian savings.”

Chrystia Freeland - Fall Economic Statement 2023

Overview of housing initiatives in the government’s Fall Economic Statement

November 21, 2023 No Comments

From a crackdown to short-term rentals to new housing supply incentives, the federal government made housing a key pillar of its Fall Economic Statement released today.

Latest in mortgage news: More education needed on mortgage rates, survey shows

August 17, 2023 No Comments

When it comes to understanding mortgage rates and their impact on monthly payments, many Canadian borrowers have room for improvement.

NBC first to offer First Home Savings Account

The latest in mortgage news: National Bank among first to offer First Home Savings Account

April 18, 2023 No Comments

National Bank has become one of the first of the big banks to make the new First Home Savings Account (FHSA) available to its clients.

New First Home Savings Account launches April 1, but won’t be available until later this year

March 31, 2023 No Comments

Prospective homebuyers wanting to take advantage of the federal government’s new Tax-Free Savings Account will have to wait longer, despite the program’s official launch date of April 1.

Tax-Free First Home Savings Account