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