GTA first-time homebuyers can benefit from mortgage program despite $560,000 home-value cap, federal minister says | The Star

The federal government says thousands. new shared-equity mortgage program even though it limits the maximum eligible home value to $560,000 – a tough price point to hit in the Toronto region. The.

If you're looking for a first-time home buyer tax credit, we can point you in the right. as well as other programs that can help you get a first mortgage.. Although the federal tax credit is no longer available, it's quite likely you'll find. on income and property value in order to benefit lower-income buyers, and.

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A federal minister says that these buyers will have many home options despite the $560000 home-value cap in the area.. of $25,000 and an insured mortgage of $475,000 ($494,000 including the insurance premium), would.

OTTAWA-Ottawa’s housing strategy is a “progressive and aggressive” plan that will help house thousands of Canadians, says. to the Minister of Families, Children and Social Development. That housing.

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The Star Edition. GTA first-time homebuyers can benefit from mortgage program despite $560,000 home-value cap, federal minister says. The First-Time Home Buyer Incentive can lower monthly mortgage payments on a.

The federal government says thousands. new shared-equity mortgage program even though it limits the maximum eligible home value to $560,000 – a tough price point to hit in the Toronto region. The.