What you need to know about the Canadian First-Time Home Buyer Incentive
The federal government launched a new national program on September 2, 2019, that it says will help thousands of families across the country buy their first home. Aptly named the First-Time Home Buyer Incentive (FTHBI), the program offers eligible buyers up to 10% of a home’s purchase price to put toward their down payment, thus lowering mortgage carrying costs and making home ownership more affordable.
Original Article Source Credits: Money Sense , https://www.moneysense.ca/
Article Written By: TAMAR SATOV
Original Article Posted on: SEPTEMBER 6, 2019
Link to Original Article: https://www.moneysense.ca/spend/real-estate/about-canadian-first-time-home-buyer-incentive/