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General discussion => Current events => Topic started by: NewsHound on December 15, 2024, 04:10 AM

Title: Insured mortgage cap hike a ‘game changer’ for some homebuyers
Post by: NewsHound on December 15, 2024, 04:10 AM
Insured mortgage cap hike a ‘game changer’ for some homebuyers

New rules coming into effect on Sunday could see Canadians take out insured mortgages on properties worth up to $1.5 million and expand the availability of 30-year amortizations.

Source: Insured mortgage cap hike a ‘game changer’ for some homebuyers (https://globalnews.ca/news/10916945/insured-mortgage-cap-amortization-changes-canada/)