Elegant Lorne Park and Churchill Meadows Homes, Fine Homes in 905, Market Watch, Mississauga

Great News from the Government. I hope this will give buyers and sellers a little more confidence in the Real Estate Market.

To make this note short and sweet: I received this from one of my Mortgage Specialists:

Canada's Mortgage Industry Welcomes Federal Budget Announcements


Earlier today, federal Finance Minister Jim Flaherty tabled the federal budget. Several measures affect Canada's housing and mortgage industry.

· Temporary home renovations tax credit of up to $1,350 for eligible home renovations and alterations
· Increase in the home buyers RSP plan, withdrawal limit increased to $25,000 from the current $20,000
· A new first time home buyers tax credit that will provide up to $750 in tax relief for closing costs
· Broad based personal tax reductions including an increase in the personal exemption and increases to the limits for the two lowest tax brackets


Lindsay Doke
Trusted Mortgage Advisor
cell 416-464-6423
fax 905-785-2325
email: lindsay.doke@rbc.com
http://mortgages.rbcroyalbank.com/lindsay.doke

For further information regarding the Real Estate Market or just to chat, Contact Betty Bartusevicius at 905.828.3434 or directly at 416.427.1875.

Re/Max Realty Specialists Inc., Brokerage

Contact me by email: http://www.bettybart.com/AgentProfile/contactme.cfm

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