BREAKING NEWS Federal budget offers first-time home buyers a break with $1.25 billion

BREAKING NEWS Federal budget offers first-time home buyers a break with $1.25 billion

Under the $1.25-billion incentive program, prospective buyers who
have the minimum down payment for a home can apply to finance
between five and 10 percent of their mortgage via a shared equity
program administered by Canada Mortgage and Housing Corporation
(CMHC). The 10 percent cap applies to newly constructed homes.
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