Federal Government Raises CMHC Mortgage Cap to $1.5M and Expands 30-Year Amortizations for First-Time Buyers
In a bid to improve housing affordability and broaden access to homeownership, the federal government has introduced significant changes to Canada’s mortgage system. These reforms include increasing the CMHC-insured mortgage cap and extending amortization periods, which could greatly benefit first-t
Calgary in 2024: A City of Opportunity, Growth, and Diversity
Calgary has emerged as one of Canada’s top cities for growth and opportunity. Known for its booming economy, diverse population, and expanding infrastructure, Calgary is attracting attention from investors, migrants, and businesses. In 2024, the city continues to evolve, making it an exciting place
CMHC MLI Select Program: What You Need to Know in 2024
The CMHC MLI Select Program is designed to incentivize the development and renovation of multifamily properties in Canada by offering favorable mortgage terms. This program uses a points-based system that focuses on affordability, energy efficiency, and accessibility to provide developers and invest
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