The Big Five Follow Suit It’s been two weeks since The Bank of Canada raised their interest rate for the first time in seven years, to 0.75%. The increase has been a long time coming, and the Canada’s Big Five [banks] have already followed suit, raising their prime rates and affecting a number of … » Read More about Interest rates rise for the first time in 7 years
Mortgages
First Time Buyers: Rebates Explained
You may be aware of the Land Transfer Tax that both the province of Ontario and the City of Toronto apply to the purchase of real estate, but it seems many are not as clear on how the First Time Home Buyers Credit works. The FTHBC rebates a portion of the closing costs and is separate … » Read More about First Time Buyers: Rebates Explained
