First-time buyers may be particularly concerned with entering the expensive real estate market in Winnipeg, with the average home price escalating to around $230,000.

 What can you afford?

As a first time home buyer, it’s essential to figure out what you can afford. A rule of thumb is that your household expenses should not add up to more than...

Have you heard about the Home Buyers’ Plan (HBP)?  It might be something that would interest you if you are a first-time home buyer planning to purchase a home. 

The Home Buyers’ Plan is a program that will allow Canadian residents  and their spouses to each withdraw up to $25,000 from their RRSP - TAX FREE...

Most Canadians are wishing they could take advantage of low mortgage rates today, but back off when they discover that their existing mortgage lender would charge them thousands of dollars in IRD (Interest Rate Differential) mortgage penalties should they refinance now. 

Imagine that you called your existing mortgage lender and discovered that the IRD penalty would be...