Showing Tag: " first time homebuyer" (Show all posts)

Why You Can Use Your RRSP To Buy Your First House?

Posted by art cortez on Monday, March 4, 2013, In : Real Estate

Blog: March 2013

Home Buyers Tip: You can use your RRSP to buy your first house

Source: FCAC

Did you know that if you live in Canada, you can use your RRSP to buy a house? Hmmmn! You may have this idea before, but this little information will reinforce your knowledge. As a first-time home buyer, you can use your RRSP to buy your first house under the Home Buyers' Plan (HBP). This allows you to use the money from your RRSP as your down payment towards the purchase. The HBP is ...