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Before buying a home, we provide you with the information you need to make the right decision! Our team of mortgage experts are here to help you.
09/16/2024
CMHC is making changes, see below. Staring in December there are lower down payment requirements for purchases between 1 -1.5 million dollars for all home buyers. In addition to that 30 year amortization is now available for First Time Home Buyers and all New Construction Home Buyers, more details to follow but Great News!!
04/21/2021
The Bank of Canada is holding the current interest rate level. One of the takeaways from this mornings announcement is the historic highs we are seeing with new housing construction and the resale market. Canadians desire for more living space and low interest rates have increased the ongoing issue of supply.
We are in a third wave and there is uncertainty attached with it. However, as vaccines become available, and businesses open back up consumption will rebound strongly in the second part of the year. Read the full announcement here: https://www.bankofcanada.ca/2021/04/fad-press-release-2021-04-21/
As the Holidays approach and the end of a decade grows near, we want to pause and whish you all Merry Christmas and Happy New Year!
08/08/2019
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