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DREAM HOME OR MORTGAGE "MONEY PIT"?
4/25/2017 10:32:24 AM
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Fund Library Q&A
Your questions about financial planning, investments, and portfolio management answered by an industry expert



By Robyn K. Thompson  | Thursday, May 23, 2013


The big question for young couples just starting out is whether to move out of that downtown condo unit and borrow to buy a home. This becomes especially critical if you’re planning a family or if a baby is already on the way. Those new little people with all their gear take up and amazing amount of space, and suddenly the need for more room becomes pressing. In this CityNews Channel Toronto broadcast, financial planner and regular Fund Library contributor Robyn Thompson outlines some rules of thumb young couples can use to make sure they don’t fall into the “money pit” when buying their first home.

Video clip courtesy CityNews Channel Toronto

 
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