Homebuyers to get new mortgage incentive, Home Buyer’s Plan boost under 2019 budget

03.27.2019posted by: Walter Mota
Can’t afford to buy a house? The government may take on part of the cost. That is the gist of the boldest proposal that Budget 2019 puts forth to help more middle-income Canadians fulfill their homeownership dream. Under the new CMHC First-Time Home Buyer Incentive, the Canada Mortgage and Housing Corporation would use up to…
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Bank of Canada maintains current interest rate

03.06.2019posted by: Walter Mota
Bank of Canada stands pat   To few people’s surprise, the Bank of Canada is opting to maintain the target for the overnight rate at 1.75%–but the future of interest rates is much less clear.   While the Bank projected a temporary slowdown at the end of 2018 and into 2019, the slowdown has been much…
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Check out these tips from HOUZZ on how to change the look of your living room space…

03.04.2019posted by: Walter Mota
https://www.houzz.com/magazine/how-to-decorate-a-living-room-stsetivw-vs~105196187
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How to Handle Renovation Stress AND Refresh Your Space – New Trends – July 2018

07.18.2018posted by: Walter Mota
Reprinted from PILLAR TO POST HOME INSPECTORS – POSTNOTES – JULY 2018 HOUSE SENSE – RENOVATION STRESS A bit of planning in advance will help keep you sane during a renovation. Careful planning will not only allow you to hold onto your sanity during the upheaval but will also ensure you get the best bang…
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Making Sense of Mortgage Insurance – What’s the Deal?

03.05.2018posted by: Walter Mota
CMHC / GENWORTH FINANCIAL INSURANCE For most people the hardest part of buying a home, especially a first home, is saving the necessary down payment.  If you have less than 20% of the purchase price to put down, you will be required to purchase mortgage insurance through your lender.  Mortgage insurance protects your lender against…
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