by stephanie@thewindrosegroup.ca | Nov 19, 2019 | Bank of Canada, Canadian Government, Finance, Mortgage Rate
The five-year benchmark qualifying rate is now 4.94%, down from the previous 5.04%.The five-year fixed benchmark qualifying rate has been used to qualify mortgages since the Fall of 2016, when the stress test was implemented. The qualifying rate is used in stress...
by stephanie@thewindrosegroup.ca | Nov 17, 2019 | Bank of Canada, Canadian Government, Finance, First-Time Homebuyer, News, Tax
The idea of filing taxes can often bog us down. But what about the important tax credits that may be beneficial to you? For example, the First Time Home Buyer Tax Credit.The First Time Home Buyer Tax Credit (HBTC) was introduced with the intention of assisting...
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