Ottawa to Allow 30-year Amortizations for First Time Buyers Mortgages on New Homes

Ottawa to Allow 30-year Amortizations for First Time Buyers' Mortgages on New Homes

By Scott Westlake0 comments
#FTHB #firsttimehomebuyer #mortgagenews #insuredmortgage #newbuild #marketupdate
Advocates are applauding Ottawa's decision to extend the amortization period on insured mortgages for specific homebuyers, viewing it as a positive step toward making homeownership more attainable. Finance Minister Chrystia Freeland announced the extension to 30 years for insured ...Read more...
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