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Ottawa to Allow 30-Year Amortization for First-Time Buyers' Mortgages on New Homes
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Souce: The Canadian Press
Finance Minister Chrystia Freeland announced the federal government will allow 30-year amortization periods on insured mortgages for first-time homebuyers purchasing newly built homes. The change will take effect Aug. 1.
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Saturday, April 13, 2024
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