Article courtesy of Genworth Canada. The first thing any prospective homebuyer needs to do is determine whether they can afford to buy the home they want. Many people believe they have to save a large down payment. Thanks to mortgage insurance, there are various programs that enable homeownership with little or no down payment at… Continue reading Can You Afford to Buy a Home?
Tag: down payment
Mortgage Monday Myths: You Need a Down Payment
If you know me well, you know that I get a kick out of alliterations (especially when it comes to titles and categories like “Mortgage Monday“) – how could I resist a triple-alliteration with “Mortgage Monday Myths” right? The world of mortgage is filled with mis-information, mis-conceptions and myths (more alliteration – woohoo! ;)),… Continue reading Mortgage Monday Myths: You Need a Down Payment