Everything You Need to Know as a First-Time Homebuyer in Canada

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The Capital Corner

Investonomics

132 episodes

2 weeks ago

Are you tired of feeling lost when it comes to personal finance? 🥱 Look no further! This show provides you with the knowledge and tools you need to become financially free by not being left in the corner. I, Jay, believe that everyone should have a basic understanding of personal finance, which is why I've created fun and easy-to-follow episodes that are packed with actionable information. 📚 Whether you're just starting out or looking to take your financial journey to the next level, The Capital Corner is the place for you. 🤝

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Everything You Need to Know as a First-Time Homebuyer in Canada

The Capital Corner

17 minutes 35 seconds

2 years ago

Everything You Need to Know as a First-Time Homebuyer in Canada

What's up finance experts?! Looking to buy a home in these tumultuous times? You might find yourself discouraged and maybe even stressed seeing the constant swings in prices, interest rates, and optimism regarding the housing market. This can be a serious deterrent from buying your first home.

This episode lays out the fundamentals of the new First Home Savings Account (FHSA) in Canada and how to utilize it alongside other incentives to get the best bang for your buck, pay fewer taxes, and get you into your first home sooner (assuming you've run the numbers and it isn't worse than renting of course!) Hope you enjoy this one, until next week...Jay

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