This loan only applies to first time buyers using an insured mortgage (less than 20% down payment) 必须首付低于20%买CMHC保险的
The equity position will be either 10% for a newly constructed home or a 5% for an existing home 二手房只有5%
Of course the real winner here is property developers who are being gifted a liquidity injection as pre-sale absorption rates fall in Vancouver and more recently sank to an eighteen year low in the city of Toronto. 最受益的是新房开发商，现在楼花卖不出去，政府这是在帮他们金主找接盘侠
there has only been $1.25B allocated over three years, or about $400M per year. In Canada there are nearly 300,000 first time buyers per year so this program will only provide a $1300 per buyer stimulus assuming every first time buyer goes the insured mortgage route. 这点钱根本就不够分，所以大部分人即使满足条件也拿不到多少钱
While using taxpayer money to help first time buyers purchase a home at record high valuations sounds like a heartwarming idea, thankfully the policy has little bite in reality. The only real way to make housing more affordable is for prices to drop, not by handing out free money. 这才是真正良心经纪说的话，差别怎么这么大呢
I suspect this was the plan all along given the Federal Government did not go ahead with re-introducing the 30 year amortization and remained firm on the B-20 mortgage stress test. 如果真是这样，对楼市妥妥的利空啊
As usual, this appears to be mere window dressing ahead of a federal election. The program is expected to be up and running by September 2019 说白了就是为了竞选先划个饼，骗了选票再说
This loan only applies to first time buyers using an insured mortgage (less than 20% down payment) 必须首付低于20%买CMHC保险的
The equity position will be either 10% for a newly constructed home or a 5% for an existing home 二手房只有5%
Of course the real winner here is property developers who are being gifted a liquidity injection as pre-sale absorption rates fall in Vancouver and more recently sank to an eighteen year low in the city of Toronto. 最受益的是新房开发商，现在楼花卖不出去，政府这是在帮他们金主找接盘侠
there has only been $1.25B allocated over three years, or about $400M per year. In Canada there are nearly 300,000 first time buyers per year so this program will only provide a $1300 per buyer stimulus assuming every first time buyer goes the insured mortgage route. 这点钱根本就不够分，所以大部分人即使满足条件也拿不到多少钱
While using taxpayer money to help first time buyers purchase a home at record high valuations sounds like a heartwarming idea, thankfully the policy has little bite in reality. The only real way to make housing more affordable is for prices to drop, not by handing out free money. 这才是真正良心经纪说的话，差别怎么这么大呢
I suspect this was the plan all along given the Federal Government did not go ahead with re-introducing the 30 year amortization and remained firm on the B-20 mortgage stress test. 如果真是这样，对楼市妥妥的利空啊
As usual, this appears to be mere window dressing ahead of a federal election. The program is expected to be up and running by September 2019 说白了就是为了竞选先划个饼，骗了选票再说
This loan only applies to first time buyers using an insured mortgage (less than 20% down payment) 必须首付低于20%买CMHC保险的
The equity position will be either 10% for a newly constructed home or a 5% for an existing home 二手房只有5%
Of course the real winner here is property developers who are being gifted a liquidity injection as pre-sale absorption rates fall in Vancouver and more recently sank to an eighteen year low in the city of Toronto. 最受益的是新房开发商，现在楼花卖不出去，政府这是在帮他们金主找接盘侠
there has only been $1.25B allocated over three years, or about $400M per year. In Canada there are nearly 300,000 first time buyers per year so this program will only provide a $1300 per buyer stimulus assuming every first time buyer goes the insured mortgage route. 这点钱根本就不够分，所以大部分人即使满足条件也拿不到多少钱
While using taxpayer money to help first time buyers purchase a home at record high valuations sounds like a heartwarming idea, thankfully the policy has little bite in reality. The only real way to make housing more affordable is for prices to drop, not by handing out free money. 这才是真正良心经纪说的话，差别怎么这么大呢
I suspect this was the plan all along given the Federal Government did not go ahead with re-introducing the 30 year amortization and remained firm on the B-20 mortgage stress test. 如果真是这样，对楼市妥妥的利空啊
As usual, this appears to be mere window dressing ahead of a federal election. The program is expected to be up and running by September 2019 说白了就是为了竞选先划个饼，骗了选票再说
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