Have you heard about the Home Buyers’ Plan (HBP)?  It might be something that would interest you if you are a first-time home buyer planning to purchase a home. 

The Home Buyers’ Plan is a program that will allow Canadian residents  and their spouses to each withdraw up to $25,000 from their RRSP - TAX FREE...

Most Canadians are wishing they could take advantage of low mortgage rates today, but back off when they discover that their existing mortgage lender would charge them thousands of dollars in IRD (Interest Rate Differential) mortgage penalties should they refinance now. 

Imagine that you called your existing mortgage lender and discovered that the IRD penalty would be...

Is Interest Rate Differential Holding you Back from Refinancing your Mortgage Now at a Great Rate?

Many Canadians are wanting to take advantage of today's low mortgage rates, but are afraid of the high Interest Rate Differential penalty that their lending institution will impose should they refinance early.

However, homeowners should be doing a careful analysis before they completely reject a mortgage refinance based on the penalty charge...