If you do a quick google search you will find that there is an overwhelming amount of information available for new homebuyers. Save yourself some time and check out one of the best sites out there: the CMHC website. It contains literally thousands of articles on everything from homebuying to mortgages to renting and dealing with home ownership issues. And it's not just in English; translations are available in French and eight other languages.
Check out this first time homebuyer video, then spend some time looking at the homebuyer guides, easy-to-use calculators, and of course, information about CMHC mortgage insurance.
I'm a big believer in getting educated. Since a home purchase is the biggest financial investment most of us will ever undertake, it is worth knowing about a resource that gives you so much unbiased, high quality information about home buying.
Let me know what you think!
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