Home Buyers Work Harder
TORONTO, April 8, 2014 /CNW/ – According to a national survey commissioned by Genworth Canada, homebuyers are working harder and longer to save for a down payment and remain confident in the long-term benefits of buying a home. The annual poll, completed in conjunction with the Canadian Association of Credit Counselling Services (CACCS), asked 1,507 Canadians questions about their financial well-being and preparedness.
“Despite tighter mortgage qualification criteria over recent years, survey results point towards positive trends in homebuyer behaviour,” said Stuart Levings, Chief Operating Officer of Genworth Canada. “With a stable economy and real estate market, Canadians appear to have more confidence in the value of homeownership and see their goals of homeownership and financial well-being as more achievable.”
To learn more view the Genworth website…
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