by KevinBell | Jan 12, 2022 | Home Buyer, RRSP
What is the Home Buyers’ Plan? The Home Buyers’ Plan (HBP) is a program that allows you to withdraw up to $35,000 (per individual) from your registered retirement savings plans (RRSPs) to buy or build a qualifying home for yourself or for a related person with a...
by KevinBell | Jan 9, 2022 | Mortgage
If you’ve been house-hunting this year, you may have noticed that it’s been slim pickings for listings on the MLS. Check out this infographic for more information.
by KevinBell | Jan 9, 2022 | Low Interest, Taxes
Today’s low interest rates are an incredible and underappreciated mechanism for building wealth. Check out this infographic for more information.
by KevinBell | Jan 8, 2022 | Mortgage
In May 2020, I had the pleasure of helping two clients purchase their first home just outside of Hamilton. At the time, getting a down payment was the only challenge with their mortgage application. We were able to overcome this obstacle by getting an RRSP loan for...
by KevinBell | Jan 8, 2022 | Case Study, Taxes
When Boris and Bonnie’s mortgage came up for renewal late this year, we discussed using some of their home equity to catch up on unused RRSP contribution room. The RRSP catch up strategy will help them diversify home equity into other investments, kick-start their...
