Title 2Home is not built in a day. It requires proper financial planning. Before searching your dream home, its very important to evaluate financial capacity and affordability. Home prices have recently reached all time high, making home ownership a real issue for many prospective buyers. So how do you save on the mortgage down payment that you need to purchase your first home? Federal government has launched a new initiative of First home savings account (FHSA) in April 2023. Its tax-free savings account in which you can deposit $8000 annually and maximum of $ 40000 can be accumulated in five years. This amount can also be invested in other investments like stocks, bonds and exchange-trade funds (ETFs). The investment income will not be taxed. FHSA has a life span of 15 years and it must be used for the sole purpose of first home purchase. Every Canadian resident of 18 years who wants to buy his first home is eligible for this saving account. Its great opportunity for students and young adults to save money to acquire their first home.
Title 3
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.
