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Avila Realty Group, Inc.

September 2024

Changes to Mortgage Rules in Canada: What They Mean for First-Time Homebuyers

Posted on Sep 16, 2024

Canada’s housing market is about to see significant changes that could make homeownership more accessible, especially for first-time buyers. Starting December 15, 2024, new mortgage rules will take effect, following a recent announcement from Finance Minister Chrystia Freeland. These measures are aimed at addressing the ongoing affordability crisis...

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