Tag: 30-year amortizations
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Canada’s New Mortgage Reforms Take Effect December 15 and Here’s Everything Homebuyers Need To Know
The Canadian government is introducing major mortgage changes that will take effect on December 15, 2024. These reforms are being called the “boldest in decades” and are designed to tackle the country’s housing affordability issues, especially in expensive cities like Toronto and Vancouver. Key Changes Starting December 15 Raising the CMHC Insured Mortgage Cap The…
Canada Housing Market 