Useful links Current Interest Rate Many banks and Credit Unions can help to arrange the financing for your property. Be ready to negotiate a current market rate with your financial institute. Under this link find a current interest rate from ING Direct Canada. Mortgage Calculator How Much Can you Afford? Answer on it and others questions from Canadian Mortgage and Housing Corporation (CMHC). Why do I need Title Insurance? Find all about Title insurance at First Canadian Title web site. Home Buyers Plan (HBP) The Federal Home Buyers Plan (HBP) allows first time home buyers to withdraw up to $20,000 from their RRSP for the purpose of buying or building a qualifying home. How Much Does CMHC Mortgage Loan Insurance Cost? If you have less then 25% down payment then mortgage Loan Insurance is mandatory for you. Ontario Land Transfer Tax Every person obtaining an interest in land is liable to land transfer tax.  Find land transfer tax rate and others details here. Toronto Land Transfer Tax On October 22, 2007, Toronto City Council approved a new land transfer tax which takes effect on February 1, 2008. Click here to find details.

Sergey Bogdanets - Sales Representative - Sbogdanets@trebnet.com HomeLife Victory Realty Inc., Brokerage 250 Sheppard Avenue East, Toronto, Ontario M2N 6M9 Office: 416-590-0033 | Fax: 416-590-0033 Cell: 416-723-5523 Not intended to solicit properties currently listed for sale or individuals currently under contract with a brokerage.