Big News for 2025!

Mortgage Default Insurers will soon be opening up the 30 year amortization options for all first time home buyers and buyers of newly built homes. This is certainly going to help buyers reach a bit higher in the market with increased purchasing power.

On top of this they will now insure higher valued homes, up to $1.5MM, where the current maximum is $1MM. While we expect the biggest impact with this to play out in the GTA and GVA areas with many more homes in this price point, other cities like Calgary and Edmonton have home prices moving up scale and will see benefit from this as well.