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#canadianrealestate #canadianeconomy #30yearamortization The Canadian Government will be allow 30 year amortizations for First Time Home Buyers purchasing a New Build – this according a statement coming from Finance Minister Chrystia Freeland. Links: First-time homebuyers can get 30-year mortgages to buy newly built houses under rule change: https://www.theglobeandmail.com/busin... Trudeau government to loosen RRSP, mortgage rules as housing shortfall swells: https://www.thestar.com/politics/fede... Many Canadians feel homeownership is out of reach, poll finds: https://ca.finance.yahoo.com/news/man... Canada’s housing crisis poised to worsen without major reforms, RBC report says: https://www.theglobeandmail.com/busin... Housing affordability at worst levels in 41 years, Bank of Canada index shows: https://globalnews.ca/news/10167093/h... Freeland announces housing affordability measures for first-time buyers, current owners: https://www.cbc.ca/news/politics/free... Consumer price index portal: https://www.statcan.gc.ca/en/subjects... Canada to allow 30-year mortgages for first-time homebuyers: https://financialpost.com/real-estate... All-in Price Advertising: https://www.omvic.ca/buying/your-righ... Canada to allow 30-year amortization for first-time buyers' mortgages on new homes: https://www.ctvnews.ca/politics/canad... How much you need for a down payment: https://www.canada.ca/en/financial-co... What 30-year amortizations mean for mortgage consumers: https://financialpost.com/real-estate... A ‘dumb’ idea to make housing more affordable: https://macleans.ca/facebook-instant-... CMHC predicts home price declines in major cities, but retreats from earlier forecast of 18% plunge: https://financialpost.com/real-estate... The Long-Term Evolution of House Prices: An International Perspective: https://www.bankofcanada.ca/2015/08/l... Housing industry fears first-time buyers being forced out of market: https://ottawacitizen.com/life/homes/... Ottawa changing RRSP Home Buyers’ Plan, some mortgage amortization rules: https://globalnews.ca/news/10416909/b... BOC Governor Says Canada Will Lean On Real Estate Because “We Need The Growth”: https://betterdwelling.com/boc-govern... Immigration is making Canada's housing more expensive. The government was warned 2 years ago: https://www.cbc.ca/news/politics/ircc... Mark Mitchell – Mortgage Broker London Ontario 920 Commissioners road east London, Ontario N5Z 3J1 Phone: (519)860-2102 (Call or Text) [email protected] Brokerage Lic: 10464 Broker Lic: M16001479 https://www.LondonOntarioMortgages.ca – Apply Online!! Youtube Channel: / markmitchellmortgagebrokerlondonontario Subscribe NOW for more Mortgage/Financial News/Videos. Follow me on Social Media: Instagram - / mortgagebrokerlondonontario Facebook - / londonontariomortgages Twitter - / londonmortgage1 LinkedIn - / mark-mitchell-london-s-mortgage-broker-197... TikTok - https://www.tiktok.com/@mortgagebroke... Commentary on this Channel should not be considered financial advice.