Latest Mortgage Changes will make a difference in the housing market

Join Peggy Hill in her latest CTV segment as she explains the recent mortgage rule changes and their positive impact on buyers. With a noticeable decline in first-time homebuyers in the Simcoe County housing market, Peggy highlights how these adjustments will particularly benefit this group. Excitingly, she discusses the introduction of 30-year amortizations now available for all first-time buyers in Ontario, applicable to both new builds and resales, along with the increase of the CMHC-insured mortgage limit to $1.5 million, up from $1 million. Peggy breaks down these changes, providing valuable insights on how they create more opportunities for first-time buyers to achieve their homeownership dreams. Tune in for all the details!

Next Steps

Take the next step towards securing your dream home. Whether you’re a current homeowner looking to make strategic moves in this evolving market or a potential homeowner eager to navigate the path to ownership, our team is here to support you every step of the way. Ready to explore your options and make informed decisions? Reach out to us via our contact page to schedule a personalized consultation with one of our experienced advisors.

Wondering about the current value of your home amidst spring housing trends? Take advantage of our free home evaluation service to gain clarity on your property’s worth in today’s market.

And for those eager to embark on the exciting journey of homeownership, our listings page awaits with a wealth of opportunities tailored to your preferences and needs. Don’t delay – let’s turn your homeownership dreams into reality together.

Stay connected! Follow us on social media for the latest updates, trends, and recent listings in Barrie’s real estate market. Don’t miss Peggy Hill’s expert insights on CTV Barrie! Watch past broadcasts on the CTV website.