🏡 New Mortgage Rules Are Here!
As of August 1, 2024, first-time homebuyers purchasing new builds can access 30-year insured mortgage amortizations—lowering monthly payments!
Plus, on December 15, 2024, the price cap for insured mortgages rises to $1.5M, helping more Canadians buy homes with smaller down payments. 🎉
These changes make homeownership more affordable and will spark new housing supply across Canada.
Want to know how these updates can benefit you? Book a call with me.
To read more, check out my blog: https://www.dianebuchanan.ca/new-mortgage-rules-make-homeownership-more-affordable-for-canadians
