Finance Canada Unveils New Measures to Protect Home Buyers OTTAWA – Just eight months after announcing a higher minimum down payment for properties with an asking price of more than $500,000, Finance Minister Bill…
Market Update: CMHC Ups Required Down Payment for High-Worth Homes TORONTO – Thanks to a new mortgage insurance change introduced by the Canada Mortgage and Housing Corporation (CMHC), Canadians looking to buy a high-value property…
CMHC, Genworth Canada Announce Premium Increases for Mortgage Insurance OTTAWA – Canadian homebuyers looking to insure their mortgage through the Canadian Mortgage and Housing Corporation (CMHC) will be facing slightly higher insurance costs if…
