Quote:
Originally Posted by Tyler
You're a great dude and I don't want to start an argument about this, but you're kind of in a conflict of interest here given your profession lol
Line up the nations best financial experts and you'll be hard pressed to find anyone who says a 5% down payment on their mortgage is a good idea.
RIP Jim Flaherty
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In a housing market where prices are going up and up, is it better to continue to rent for another year or two to be able to save up a bigger down payment?
I agree you are in better shape if you can put in a bigger down payment, but given the "renting is throwing your money away" line we hear so often; how can renting be better just to save a few points off the CMHC rate?