FHSA Archives - Mortgage Rates & Mortgage Broker News in Canada

Here’s why prospective first-time buyers should open a First Home Savings Account before Dec. 31

December 19, 2023 No Comments

The new First Home Savings Account (FHSA) is being hailed by some as “the greatest deal in the history of Canadian savings.”

Chrystia Freeland - Fall Economic Statement 2023

Overview of housing initiatives in the government’s Fall Economic Statement

November 21, 2023 No Comments

From a crackdown to short-term rentals to new housing supply incentives, the federal government made housing a key pillar of its Fall Economic Statement released today.

Latest in mortgage news: More education needed on mortgage rates, survey shows

August 17, 2023 No Comments

When it comes to understanding mortgage rates and their impact on monthly payments, many Canadian borrowers have room for improvement.

The latest in mortgage news: record population growth to keep upward pressure on home prices

July 20, 2023 No Comments

Canada’s expected population growth will worsen the already limited housing supply and result in even higher home prices, according to a new report

NBC first to offer First Home Savings Account

The latest in mortgage news: National Bank among first to offer First Home Savings Account

April 18, 2023 No Comments

National Bank has become one of the first of the big banks to make the new First Home Savings Account (FHSA) available to its clients.

New First Home Savings Account launches April 1, but won’t be available until later this year

March 31, 2023 No Comments

Prospective homebuyers wanting to take advantage of the federal government’s new Tax-Free Savings Account will have to wait longer, despite the program’s official launch date of April 1.

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