HBI

CMHC is tightening lending standards

CMHC is tightening lending standards

The Canada Mortgage and Housing Corporation (CMHC) is planning to tighten lending rules beginning July 1, under the forecast of home prices across Canada declining 9% to 12% over the…
first time home buyer incentive

The First Time Home Buyer Incentive Explained

The First Time Home Buyer Incentive (HBI) was announced in June 2019 to help middle-class Canadians purchase their first home. The program provides up to 10% of a home’s value…
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