Does The New Federal Budget Help Home Buyers?

Video Blog 60 (Vertical Video)

This week the latest federal budget was released. What does it mean for Toronto home Buyers and Sellers? Well, along with other announcements, a First-Time Home Buyer Incentive was introduced.

The Incentive would allow eligible first-time home buyers who have the minimum down payment for an insured mortgage to apply to finance a portion of their home purchase through a shared equity mortgage with Canada Mortgage and Housing Corporation (CMHC) …

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