I found this article quite interesting for first time home buyers as well as a link to get mortgage free faster!
1. Have little or no debt!
2. Have a decent down payment!
3. Don't fall in love, stick to your numbers!
4. Withdraw up to $25,000.00 from your RRSP with the home buyers plan!
5. Move to a less expensive City or Province!
http://blog.yourmoney.ca/2011/01/-5-rules-first-time-home-buyers.html
*Courtesy yourmoney.ca