Published On: Sun, Dec 13th, 2015

Federal government increases minimum down payment for homes over $500000 – Montreal Gazette


Montreal Gazette

Federal government increases minimum down payment for homes over $ 500000
Montreal Gazette
OTTAWA – Canadians looking to buy homes valued over $ 500,000 will soon be required to come up with larger down payments in a move the federal finance minister says is designed to ensure stability in Canada's biggest real estate markets.
Finance Minister, Bill MorneauCanadian Mortgage Trends
Ottawa Spikes Down Payment Rules on MortgagesBaystreet.ca

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