Wednesday, January 29, 2020

First Time Homebuyers Incentive Plan Flops

First-Time Homebuyers Incentive Plan Flops - No surprise here!!!!!!

In My opinion, this did nothing in Alberta to help first time home buyers realize home ownership goals sooner!

Only about 3,000 applicants were approved for the Liberals’ First-Time Home Buyer Incentive (FTHBI) in 2019. That’s just $55 million in funding, a less-than-stellar start given its $1.25-billion three-year target. (This information is according to attendees at the TD Securities' Financial Services Conference where CMHC made comments.)

Great article on why this incentive is a BAD DEAL

Contact Amy Wilson today to start your mortgage plan to see what you qualify for now and how to qualify for more in the future if you want to:)

I tailor mortgages to you and your lifestyle, just give me a call - 780-919-0475.

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