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CMHC Announces Mortgage Changes to Boost Homeownership for Canadians
Manage episode 444450172 series 2794891
المحتوى المقدم من James Garbutt and Denny Dumas, James Garbutt, and Denny Dumas. يتم تحميل جميع محتويات البودكاست بما في ذلك الحلقات والرسومات وأوصاف البودكاست وتقديمها مباشرة بواسطة James Garbutt and Denny Dumas, James Garbutt, and Denny Dumas أو شريك منصة البودكاست الخاص بهم. إذا كنت تعتقد أن شخصًا ما يستخدم عملك المحمي بحقوق الطبع والنشر دون إذنك، فيمكنك اتباع العملية الموضحة هنا https://ar.player.fm/legal.
The new CMHC rules will enable more homebuyers to qualify for mortgage insurance, potentially allowing them to secure larger mortgage amounts, and making homeownership more accessible. This includes 30-year amortization periods and mortgage insurance qualification for houses up to $1.5 million.
James and Denny share their thoughts on these changes as the government tries to stimulate home buying through policy.
This episode will focus on CMHC's new lending rules, new mortgage caps, longer amortizations, new construction rule changes, prolonged presales, buyers walking away from condos, the government trying to stimulate home buying, and comparisons to 2007/08.
Podcast Videos can be found on the Garbutt + Dumas Real Estate Team YouTube channel
Email us at garbuttdumaspodcast@gmail.com
James Garbutt james@gdrealestate.ca Instagram: /jamesgarbutt Facebook: /jamesgarbutt
Denny Dumas denny@gdrealestate.ca Instagram: /denny.dumas Facebook: /denny.dumas.5
Garbutt + Dumas Real Estate Instagram: /gdrealestateteam Facebook: /gdrealestateteam Website: garbuttdumas.ca
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