Archive for February 2017
Land Transfer Tax Refunds for First-Time Home Buyers
When you buy land or an interest in land in Ontario, you pay land transfer tax. First-time homebuyers of an eligible home may be eligible for a refund of all or part of the tax. To claim a refund, you must be at least 18 years of age, you cannot have owned a home or an…
Read More2017 Mortgage Rules Changes Explained
In the fall of 2016, new rules were announced by the Federal Government with respect to home mortgages. The Government implemented these changes in response to the growing concerns about rising home prices in markets like Toronto and Vancouver, with the hope that instituting such rules would help calm hot markets such as these across…
Read MoreJacquie Wins Making a Difference Community Service Award
Mortgage Professionals Canada, in sponsorship with Genworth Canada, has recognized Jacquie Bushell by awarding her with the Making a Difference Community Service Award for 2016. Jacquie is actively involved in a number of charitable organizations such as Bruce House, The Red Cross, The Children Aid Foundation, and the Youville Centre. Her annual Giving Tree event, which takes place…
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