2009 Federal Budget – Home Renovation Tax Credit (HRTC)

2009 Canadian Federal Budget delivered January 27, 2009 has delivered tax savings for residential home contruction industry and first time buyers. Home Renovation Tax Credit (HRTC) save up to $1,350, first time home buyers tax credit to a maximum of $750 and finally increases to the Home buyers’ Plan for RRSP being used as a down payment on a home.

Mortgage Prepartion Made Simple – 5 Key Factors!

Understand the 5 key factors to understanding the mortgage approval process. Learn what lenders use to determine whether or not your mortgage application is successful. Take the guess work out and learn about the key steps in addition to Gross Debt Service and Total Debt Service Ratios.

New to Canada Mortgage Policy – Landed Immigrant

Effective January 14, 2009 TD Canada Trust introduces New to Canada Policy for mortgage applications. Insured Mortgages with a loan-to-value of up to 95%. For new immigrants who have no beaon score and are landed immigrants to Canada. Read More…

Debt Reduction – Credit Card Debt High & Minimum Payment set low!

Why do credit cards have a low minimum payment? Do yo want to pay your credit cards off faster and pay less interest charges? Helpful advice to save you money and years of payments!