Home Buyers Plan Canada

Home Buyers Plan for First Time Home Buyers using your RRSP

So I think everyone knows that it is currently a buyers market. Historically low Alberta Mortgage rates have kept Canadians buying. The Stephen Harper has also approved an increase in the RRSP able to be used in the new 2009 stimulus plan. The old Home Buyers Plan only allows you to use $20,000 of your RRSP’s for a down payment and now they have allowed Canadians to use up to $25,000 tax free!

August 12, 2009 | Filed Under First Time Home Buyer, General Mortgage Info | Leave a Comment

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