Buying Your First Home in Canada

Team Gill • October 21, 2016

What Newcomers Need to know!

The reason I have a blog and share information is to educate my clients and prospective clients about mortgages. Obviously there is a lot to know about mortgages, financing, and buying property, and there are a lot of great ways for me to share this information with you.

However there is also information that has been produced by lenders, insurers and associations that is worth sharing as well. So not only do I use my blog to share my ideas, but also great information I come across.

Here is a document produced by CMHC that outlines some of the things you need to know about buying your first home if you have recently immigrated to Canada. Of course if you have any questions specific to your situation, we would love to talk with you and help you figure out a plan to buy your first home…


Share

Sign up to to our newsletter to hear weekly updates on market news, timely buyer/seller tips, and up to date rates

SIGN UP
Mick & Sheila Gill
CANADIAN MORTGAGE EXPERTS
RECENT POSTS 

By Team Gill March 18, 2026
The Bank of Canada announced today that it is holding its target for the overnight rate at 2.25%, with the Bank Rate at 2.5% and the deposit rate at 2.20%. For anyone watching the mortgage market — whether you're renewing, purchasing, or simply keeping an eye on borrowing costs — here's a breakdown of what was announced and what it may mean for you.
By Team Gill March 17, 2026
For many Canadians, the dream of homeownership has felt like a moving target. After years of market volatility, shifting interest rates, and economic uncertainty, you might be wondering: is 2026 finally the year to make a move?