10 Dec

First Time Buyers – Parents Helping Out?

With rising values over the last decade a common concern has been expressed to me… How can the young people afford to buy a house? The following article from the Financial Post has some interesting statistics regarding where the latest group of first time buyers are getting their money from…that being said, CMHC and Genworth are affordable options – that while there is a fee attached – still allows purchases with 5% down payment.


Click here to read full article