CMHC's BOLD MOVE! Higher Caps & Longer Terms - What Toronto Real Estate Investors Need to Know

CMHC's BOLD MOVE! Higher Caps & Longer Terms - What Toronto Real Estate Investors Need to Know

Big news in the world of CMHC-insured mortgages.

Starting December 2024, we’re seeing the insured mortgage cap soar from $1 million to $1.5 million, and 30-year amortizations will be available for all new build buyers.

These changes could lead to larger mortgages, increased buying power, and potentially faster price gains. Curious about how these updates will impact you? Watch this video to find out how you can leverage these changes to your advantage!


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