CMHC to scrap First-Time Home Buyer Incentive and refocus funding on other tools
3/2/2024 | Posted in Home Buyers by Jessi Sandhu
The federal government has announced it will be discontinuing its First-Time Home Buyer Incentive (FTHBI) program as of March 21. ...
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CMHC's Siddall Defends Policies, Provides Update on the FTHBI
11/22/2019 | Posted in Canadian Housing Market by Jessi Sandhu
Some fresh information on the status of the First-Time Home Buyer Incentive (FTHBI) and a possible increase on the $1M cap for insured ...
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What to know about the Liberals' new housing-incentive promise
9/16/2019 | Posted in Home Buyers by Jessi Sandhu
In an election announcement on Thursday, Liberal Party Leader Justin Trudeau promised to turbocharge the First-Time Home Buyer Incentive (FTHBI) for Canadians who live in ...
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Despite new details, First-Time Home Buyer Incentive is flawed
6/18/2019 | Posted in First Time Home Buyers by Jessi Sandhu
While more details about the First-Time Home Buyer Incentive were released this week, there remains a glaring problem. ...
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First-Time Home Buyer Incentive To Launch In September
6/18/2019 | Posted in Home Buyers by Jessi Sandhu
The incentive will allow eligible first-time homebuyers who have the minimum down payment for an insured mortgage with CMHC, Genworth or Canada Guaranty, to apply to finance a ...
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CMHC's Siddall Warns Homeownership 'Party' Coming to an End
5/11/2019 | Posted in Canadian Housing Market by Jessi Sandhu
The head of the Canada Mortgage and Housing Corporation (CMHC) gave a candid assessment of the country’s housing market, saying the “party” of homeownership as a ...
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Mortgage stress test is helping fuel alternative lending boom
4/16/2019 | Posted in Mortgages and Real Estate by Jessi Sandhu
CIBC economist says regulators need to revisit rules that have made it harder to get a mortgage. ...
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CMHC releases statement on Liberals' mortgage plan
4/4/2019 | Posted in Home Buyers by Jessi Sandhu
Canada's housing agency says new spending measures aimed at helping first-time buyers afford homes won't push prices up more than a few tenths of a percentage point. ...
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Trudeau's New Housing Measures Could Mute Home Sales Until Fall
3/25/2019 | Posted in Canadian Housing Market by Jessi Sandhu
New measures for first-time home buyers could keep Canada’s housing market at cooler levels until autumn, according to a report by Royal Bank of Canada. ...
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First-Time Home Buyer Incentive reduces qualifying power
3/22/2019 | Posted in First Time Home Buyers by Jessi Sandhu
The First-Time Home Buyer Incentive actually reduces affordability. ...
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First Time Home Buyers Get Help: Federal Budget Highlights
3/19/2019 | Posted in Canadian Housing Market by Jessi Sandhu
Budget offers an array of incentives aimed at first-time homebuyers, raises the limit on tax-free RRSP withdrawals. ...
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