With the ever changing trends in the Canadian Market, great news for home buyers comes over the horizon to level things out and effective this December 15 2024 houses up to $1.5 Million will qualify for mortgage insurance, moving the notch from a $1.0 Million Cap. This means that you could buy a property up to $1.5 Million with less than 20% down payment and this is great news for the ones saving up to buy properties in cities like Vancouver or Toronto, where Detach and Semis usually start in... [read more]

CMHC First Time Buyers Incentive Plan for 2019 According to the federal budget a new incentive for Home buyer’s plan will take place in the following months to come, to help you out to fulfill your home ownership dream under the CMHC (Canada Mortgage and Housing Corporation) first time buyer’s plan. but have in mind the following.  Home Buyer will still have to raise the minimum percentage to apply for an insured mortgage through CMHC. This will apply to households... [read more]