Everybody seems to be getting in on the no-money down mortgages. According to CTV Inc., Scotiabank is the first to offer no-money-down mortgage in . It is geared towards Canadians who have good jobs and wish to purchase a home regardless of their small savings. This definitely would include recent graduates who are entering the profession. Housing appears to be very expensive in and the idea is to make homeownership more affordable for first time buyers. Scotiabank is establishing a standard for larger banks. Whether you are a first time home buyer or purchasing a third home, there are many factors to take into account when purchasing a home.
