Blog Post

🏡 What Do CMHC’s Latest Changes Mean for You?

Andy Schildhorn • September 27, 2024

📞 Book a call/meeting at a time convenient to you – https://calendly.com/andyschildhorn

 

With the new CMHC changes, buying a home just got a little easier for many Canadians, especially in high-cost markets like Vancouver and Toronto. In this video, I’ll break down how the increased mortgage cap and extended amortizations could impact you and your home-buying plans.

 

In this video, I’ll cover:

  • How the mortgage cap increase to $1.5M helps buyers in high-cost areas
  • 30-year amortizations for first-time buyers and new builds for all buyers
  • The impact on monthly payments, making homeownership more affordable
  • How new incentives for home construction could ease the housing shortage

Are you curious how these changes could affect your plans? Let’s chat about how we can take advantage of these new opportunities. With 30 years of real estate experience, I’m here to help you navigate this evolving market and find the right home for you and your family.

 

💬 What do you think of these changes? Share your thoughts in the comments below, or let’s discuss it when we meet!

 

👍 Don’t forget to like, subscribe, and hit the bell for more updates on the Langley and Fraser Valley real estate market!

 

📅 Ready to discuss your real estate goals?
Use the link below to book a call with me and explore your options in today’s market:

 

📅 https://calendly.com/andyschildhorn
?? 778.835.8957
📧 
[email protected]
🌐 
www.AndytheRealtor.com


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