Canada’s New Mortgage Rules: Fresh Opportunities for Oakville Homebuyers
Wednesday Feb 5th, 2025
ShareWhat a time to be a first-time home buyer! With Canada's new mortgage rules, first time home buyers are seeing a lot of relief. And for all you homeowners out there... it might be time to refinance! Key Takeaways New mortgage rules took effect on December 15, 2024, aiming to make homes more affordable. Buyers can now purchase properties up to $1.5 million with less than 20% down. First-time buyers and new-build buyers benefit from 30-year amortizations. No more stress test... [read more]
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