The CMHC Improvements Program — Making Toronto Real Estate More Affordable for Home Buyers CMHC Helps Buyers Transform Fixer-Uppers into the Homes of their Dreams. It wasn’t long ago when a home that “may need a little TLC” was enough to make a homebuyer turn the other way. Now, in Toronto’s tight market, where affordability …
CMHC Improvements Program — Building Equity While Renovating Your Dream Home Read More »
In an announcement made by Toronto Real Estate Board President Mark McLean last week, GTA REALTORS® reported 7,385 home sales through TREB’s MLS® System in November 2015 – a 14 per cent increase compared to November 2014 and a record number for November sales to date. Toronto’s real estate market saw 96,401 sales for the …
Toronto Real Estate Market Watch — November 2015 Read More »
Effective today, June 1, 2015, Canada Mortgage and Housing Corporation (CMHC) is increasing mortgage insurance premiums by 15 per cent for homebuyers making less than a 10 per cent down payment. Mortgage insurance is typically required by lenders if a homebuyer’s down payment is less than 20% of the total purchase price of the home. …
CMHC Mortgage Insurance Premiums Increase — How will the changes affect you? Read More »
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