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Tag Archives: Buyers

Buy your first condo in Toronto for free

I get a lot of questions from buyers asking me about how they can purchase their first home with low downpayment or no money. Well, in this video, I talk about a grant that is available for first time home buyers that can take advantage of this information and purchase their first home or condo in Toronto for free. The …

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CMHC Increase in Mortgage Default Insurance

Last week the Canada Mortgage and Housing Corp (CMHC) announced an increase in its mortgage default insurance applicable to Buyers who pay less than 10% of the downpayment while purchasing a property. This increase is set to come into effect as of June 1st and does not apply to mortgages currently insured by the CMHC. What is Mortgage Insurance? Much …

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