This morning, federal finance minister Bill Morneau announced changes that his Liberal government is making to CMHC-backed mortgages in this country. The changes were hinted at by well known Canadian Mortgage Trends blogger Robert McLister back on December 1st. The actual changes aren’t quite what he had predicted, but are pretty close.
Tag Archives: down payment
Feb 15, 2011: Free Victoria Real Estate Seminar: Buying Your First Home
Is this the year you buy your first home? There are plenty of great properties on the market, and prices are more attractive than in recent months. Interest rates are still low, but expected to rise this year. How much do you need and how can you save for a down payment?Continue reading “Feb 15, 2011: Free Victoria Real Estate Seminar: Buying Your First Home”
Upcoming Free Victoria Real Estate Seminar: Buying Your First Home
Sure, it’s getting close to Christmas, and no one wants to move, but why not get educated so you can plan for your first home purchase in 2011! There are plenty of great properties on the market, and prices are more attractive than in recent months. Interest rates are experiencing a double-dip with near record-lowContinue reading “Upcoming Free Victoria Real Estate Seminar: Buying Your First Home”
Upcoming Free Victoria BC Real Estate Seminar: Buying A Home
Ah… springtime… when a young person’s thoughts turn to… buying a home, of course! The spring market is here, and many first-time buyers are taking advantage of record low interest rates and making the jump into their own homes. How much do you need and how can you save for a down payment? What’s theContinue reading “Upcoming Free Victoria BC Real Estate Seminar: Buying A Home”
Upcoming Free Victoria BC Real Estate Seminar: Buying A Home
Is 2010 the year you decide to stop paying rent and invest in your future in the form of your very own home? How much do you need and how can you save for a down payment? What’s the best type of mortgage for you? What homes are available and what sorts of programs areContinue reading “Upcoming Free Victoria BC Real Estate Seminar: Buying A Home”