Ottawa's Mortgage Shake Up Ideal For Buyers!
Saturday Sep 28th, 2024
ShareNever have we seen so many changes in such a short time. This has been a month jam-packed with mortgage rule easing. Last week, the feds declared that starting Dec. 15, they’re boosting the property value limit for default insurance to $1,499,999.99, increasing the maximum amortization for all insured first-time buyers to 30 years and lifting the maximum amortization for all insured buyers of new construction to 30 years. What does that mean for you.... Borrowers got yet another round... [read more]