By: Mark

Federal Budget Tabled - New Housing Measures Being Offered!

Tags: Budget, Toronto, Housing

  Federal Budget Tabled - New housing measures being offered. First-time homebuyers may be able to take $35,000 each(up from $25,000) from their RRSP soon. CMHC could fund 5-10%(resale-new build, respectively) of some mortgages on homes with a cap at $480k to assist new buyers with household incomes of $120,000 or less providing around $1.25B over three years for the “Buyer Incent...Read More

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