Homebuyers to get new mortgage incentive,
Home Buyer’s Plan boost under 2019 budget
Can’t afford to buy a house? The government may take on part of the cost.
That is the gist of the boldest proposal that Budget 2019 puts forth to help more middle-income Canadians fulfill their homeownership dream.
Under the new CMHC First-Time Home Buyer Incentive, the Canada Mortgage and Housing Corporation would use up to $1.25 billion over three years to help lower mortgage costs for eligible Canadians.
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