First Home Savings Account: First-time homebuyers have a new ally โ the First Home Savings Account. It allows tax-deductible contributions up to $88,000 in 2024, paving the way for a more manageable down payment.
Should be $8,000.
this post was submitted on 28 Dec 2023
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8000 is useless near the end of 'trying to get a mortgage', hopefully the tiny amount helps someone
Not to mention it's just increasing demand more. How exactly does that help anyone?