Expenses when buying a home

So many Canadians are taking advantage of the low interest rates right now and are purchasing a home. An interest rate under two percent for a five year closed mortgage makes it pretty affordable for first time home buyers. Shawn Ormston the founder of Great Rate Realty in Lethbridge says if you are thinking of buying a home for the first time you have to keep in mind that there are other expenses outside of the down payment. 

Hal Roberts

Hal Roberts

Hal is a veteran journalist with 30 years in the industry. He worked as a parliamentary reporter on the Hill interviewing federal leaders and cabinet ministers. Hal also covered the Ottawa terrorist attack in 2014, and has worked as an anchor/reporter in Toronto, Peterborough and Calgary. He worked as a reporter and anchor for business shows airing on BNN, Global and CHCH-TV. During his 10 year radio career he hosted a show called Roberts on the Road on KG Country. Hal was blessed to win a few awards in his career including one as senior producer for a TV show on human trafficking which aired on CTS.

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