Josh
Housing Affordability Could Be Running Out
RBC Economics released their quarterly housing affordability index this morning. On a national level housing affordability improved in the second quarter, although with housing prices stabilizing and interest rates no longer decreasing, further improvements to affordability seem remote.
New Immigrant Mortgages
The New To Canada(TM) Mortgage Insurance Program makes it possible for individuals relocating to Canada to purchase a home with as little as 5% down. This program helps new Canadians purchase their first home, build equity, and become economically established in Canada.
Zero Down Payment Mortgages
Zero down payment options are still alive and well. For those with good credit the Cash Back or Flex Down program is the best option.
