Newcomers often dream of buying a home in Canada someday. Property purchase requires a large financial commitment and the willingness to take on the responsibilities of a homeowner. In Mortgages 101: How to finance your first home in Canada, we outlined the details of financing your first home. In [...]
You may have plans to buy your own home in Canada after initially renting accommodation for a few years. Although homeownership is the ultimate goal for many newcomers, the ever-increasing cost of purchasing property in Canada has made many of the country’s newer residents defer their dream of buying [...]
House hunting in Canada as a newcomer can be a challenging process, but it doesn’t have to be a confusing one. Saving for a downpayment takes time and dedication. Sometimes, it means cutting back on spending in other areas like travel and dining out while [...]
For many newcomers buying a home in Canada is a cherished dream. Depending on the customs and traditions in the country you grew up in, home ownership could mean different things to you: for some it may weigh heavy on culture and family while for others, it may skew [...]
Owning a home in Canada is a goal many newcomers dream of achieving. Unlike other smaller assets, buying a home or property involves a significant amount of financial investment. As a newcomer, you may have many questions about the process of financing your first home in Canada. In this [...]
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Disclaimer:
This article offers general information only and is not intended as legal, financial or other professional advice. A professional advisor should be consulted regarding your specific situation. While information presented is believed to be factual and current, its accuracy is not guaranteed and it should not be regarded as a complete analysis of the subjects discussed. All expressions of opinion reflect the judgment of the author(s) as of the date of publication and are subject to change. No endorsement of any third parties or their advice, opinions, information, products or services is expressly given or implied by Royal Bank of Canada or its affiliates.
