first-time homebuyers Archives - Page 2 of 3 - Mortgage Rates & Mortgage Broker News in Canada

75% of Gen Z Adults Plan to Buy a Home Despite Affordability Hurdle

December 10, 2021 No Comments

Home ownership continues to be a priority for most young adults. Three quarters of Generation Z adults in Canada plan to buy a home in their lifetime, half of whom say that goal is “very likely.”

Buyers shun first-time home buyers incentive

Homebuyers Shun CMHC’s First-Time Home Buyer Incentive

June 23, 2021 5 Comments

The federal government’s First-Time Home Buyers Incentive was meant to offer a path to homeownership for those unable to tap the ‘Bank of Mom and Dad’ for down payment assistance.

First-Time Home Buyer Incentive 2.0 Now Available

May 3, 2021 1 Comment

Long-awaited tweaks to the government’s First-Time Home Buyer Incentive became official on Monday.

First-Time Home Buyer Incentive to Become More Useful in Select Markets

December 4, 2020 No Comments

First-time homebuyers in three of Canada’s most expensive housing markets will soon have an easier time qualifying for the First-Time Home Buyer Incentive (FTHBI).

Latest in Mortgage News: Toronto and Vancouver Home Sales Up 25+% in October

November 5, 2020 No Comments

The postponed spring housing market has now extended its run well into the fall, with home sales in Toronto and Vancouver up 25% and 29%,

young canadians and homeownership intentions

Pandemic Has Increased Homebuying Intentions Among Young Canadians

September 29, 2020 No Comments

There may be uncertainty on the horizon for the country’s real estate market, but young Canadians are undeterred and remain optimistic about the prospect of buying a home.

Latest in Mortgage News: Homeownership Becoming a “Pipe Dream” for Millennials

December 6, 2019 No Comments

A growing number of millennials are resigning themselves to the fact that homeownership may be out of reach for them, according to a new poll.

Reaction to First-Time Home Buyer Incentive Tweaks

September 12, 2019 No Comments

The Liberal Party’s promise to tweak the First-Time Home Buyer Incentive—just 10 days after it was launched—is being viewed by many as nothing more than

Canadians Not Deterred By Homeownership Obstacles

September 6, 2019 No Comments

Those dreaming of homeownership face a long list of obstacles: high prices, low supply and ever-changing mortgage rules and qualification requirements, to name a few.

First-Time Home Buyer Incentive Now Available

September 3, 2019 No Comments

Five months ago the Liberal government unveiled the First-Time Home Buyer Incentive, a new initiative aimed at easing affordability for first-time homebuyers. The FTHBI officially

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