New Mortgage Rules for December 2024 | HUGE News for First-Time Buyers!

Are you dreaming of buying a home? The market just got a whole lot friendlier for buyers, especially with new mortgage rules that could make 2025 your year to move! 🏡 In this video, I’m sharing all the latest updates, including: ✅ The Bank of Canada’s recent 0.5% rate drop – making mortgages more affordable. ✅ 30-Year Amortizations for first-time buyers – lowering monthly payments. ✅ Insured mortgage changes – qualifying for higher-priced homes with smaller down payments. ✅ First-Time Buyer Perks You May Not Know About – like requalifying if you haven’t owned in 4+ years or are newly separated/divorced. I’ll walk you through how these changes impact affordability and why NOW is the perfect time to act. As a Halton Hills real estate agent, I help buyers navigate every step of their journey – let’s make your homeownership dreams a reality! 📲 Contact me today: Message, call, or comment below! 💡 Don’t forget to like, share, and subscribe for more real estate tips and updates. Tags: Halton Hills real estate First-time homebuyer Canada December 2024 mortgage rules 30-year amortization Canada Affordable housing 2025 Toronto real estate market Canadian mortgage incentives Bank of Canada rate drop Halton Hills homes for sale Real estate tips 2024