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Buying a new home has never been easier. With as little as 5% down, you can move into your home. You can even use your RRSP funds towards the downpayment, tax-free. The first step towards homeownership is to have a close look at your financial situation. Determine the homebuying budget that makes sense for you. Find out what mortgage options are available. Talk to mortgage lenders, get their advice and arrange for mortgage pre-approval. Contents: A great time to buy a new home Do your homework before you go shopping Financing your new home Buying a new home may be possible sooner than you think
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