BMO Home Buying Report: First-Time Buyers Expect to Spend $300,000 on First Home with an Average Down Payment of $48,000
April 13, 2013 by Adil Virani
Filed under Home Series, Latest News, Latest Rates, Mortgage FAQ, Recent News, Selling Your Home, Vancouver Mortgage Broker
– On average, first-time buyers expect it will take them 20 years to pay off their mortgage – Report shows first-timers prefer a fixed rate to a variable rate mortgage by more than a 2:1 ratio – Report reveals how recent changes to Canadian mortgage rules have affected the timeline to buy for first-time buyer […]









