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Mortgage Rule Change – Sept 2024

Writer's picture: Dave HammerDave Hammer

In an effort to make homeownership more attainable for Canadians, the Government of Canada has introduced significant changes to mortgage regulations. These updates include the introduction of 30-year mortgages and an increase in the insured mortgage limit to $1.5 million.





These changes aim to provide more flexibility for Canadian homebuyers, making it easier to secure financing for properties in high-demand markets.



Contact me for more information, and as always…. I always have time for your referrals


Dave Hammer

Top 20 Producer 2023


REALTOR® | RE/MAX First

403-801-6239

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