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down payment

Harris vows to help home buyers, ban food price gouging in sweeping cost-of-living proposals

by Walter Watson
Harris vows to help home buyers, ban food price gouging in sweeping cost-of-living proposals

U.S. Vice-President Kamala Harris announced a sweeping set of economic proposals on Friday meant to cut taxes and lower the cost of groceries, housing and other essentials for many Americans. …

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First-time homebuyer incentive is discontinued, says federal housing agency

by Anas Siddiqui
First-time homebuyer incentive is discontinued, says federal housing agency

The first-time homebuyer incentive has been discontinued by the Canada Mortgage and Housing Corporation (CMHC), the federal agency announced on Thursday. The deadline for new or resubmitted applications to the program …

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The 2024 tax season kicks off Monday. Here’s what you need to know

by Anas Siddiqui
The 2024 tax season kicks off Monday. Here’s what you need to know

Canadians can begin filing their income tax returns online as of Monday, with several changes in store for the 2024 tax filing season. Those filing by paper should have received …

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Some mortgage rates are dropping, but renewed loans could keep economy slow

by Anas Siddiqui
Some mortgage rates are dropping, but renewed loans could keep economy slow

As some Canadian lenders expect central banks, such as the Bank of Canada, to lower influential interest rates in 2024, borrowers can expect a late Christmas present with lower rates on …

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China’s property crisis: Shenzhen cuts down payments for second-home buyers, joining fray of cities trying to revive demand

by Anas Siddiqui
China’s property crisis: Shenzhen cuts down payments for second-home buyers, joining fray of cities trying to revive demand

Authorities in Shenzhen, China’s technology hub, are reducing the down payment required from people buying a second home, joining a fray of big cities paring back restrictions in a bid …

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