Khalid Ahmed, Real Estate Agent

10/10/2026

Dufferin County - Down Payment Assistant Program

Do you know renters who want to buy but are struggling to save for a down payment?

Eligible home-buyers may receive up to $72,500 in Down-Payment Assistance.

Assistance: Up to 10% of purchase price, maximum $72,500

Maximum Purchase Price: $725,000

Household Income Limit: $150,300 for a single person or $174,900 for two or more people.

Loan Term: Interest-free, with no monthly payments, forgivable after 20 years

Eligibility: Must currently rent in Dufferin County, purchase a principal residence within the County, and not currently own property

Mortgage Pr-Approval: Required

Assets: No more than $30,000
(Information Courtesy of Broker Jasbir Attli at Active Lending)

09/09/2026

03/08/2023

After a year of constant rate hikes by the Bank of Canada, the BoC has decided to maintain the policy rate at 4.5%. As inflation is steadily decreasing, now sitting at 5.9%, the BoC is patiently waiting to see the impact of the past 8 rate hikes. Although this is good news, it is important to note that inflation is still too high, as the BoC's ideal inflation level is between 2%-3%. My prediction is that there will be at least one more rate hike before the summer announced either on April 12 or June 7, nonetheless, we shall wait and see.