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Exploring Canada’s Extended Mortgage Amortization Period: What Homebuyers Need to Know

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In a groundbreaking move announced today by Finance Minister Chrystia Freeland, the Canadian Federal Government has extended the maximum mortgage amortization period for insured mortgages for first-time homebuyers from 25 years to 30 years. This significant policy change aims to make homeownership more accessible by spreading out mortgage payments over a longer period, potentially easing the financial burden for aspiring homeowners. Read our full article exploring the implications of this announcement and what it means for homebuyers and the real estate market.

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Navigating Unexpected Occupancy: What to Do When Your New Home Isn’t Vacant on Closing Day

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The journey to homeownership is often seen as a thrilling adventure – from saving for a downpayment to meticulously monitoring credit scores. Looking at homes for weeks or months. Submitting an offer to purchase and successfully negotiating the best terms. Satisfying all your conditions and “firming up” your next home. Finally, the day arrives when […]

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