Changes to Canada's mortgage rules for first-time homebuyers

Deputy PM Chrystia Freeland announces changes to mortgage rules, especially for first-time homebuyers.

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[grandmufftwerkin]

Justin's dumpster fire government needs to go.

[MrPotato]

Increasing debt ratios to push housing up further. Another genius Liberal policy

[carolinecavalcante]

Creates the problem and pretends to come to your rescue. This is the definition of evil manipulation

[Matt-YT]

Doesn't make housing cheaper! Will add fuel to the (housing) fire

[WW-sjzk]

How on earth is increasing the amount of time and money you’ll be “allowed” to be in debt for gonna solve anything? Thats a bubble that will inflate quite quickly.

[lornequick]

Big words, no substance!!!
Just like the Libral Party

[grandmufftwerkin]

Soon Justin will be promising bags of cash, if you just vote for him again.

[Talkingrain]

A journalist posing as a Finance Minister doesn't know what fiscally responsible means.

[MOONSHIPETH]

This failed journalist couldn't manage the books for a lemonade stand.

[dotkyo]

So.... How much income do you need to qualify for $1.5 mill insured mortgage? Also, what is the insurance fee for the mortgage? Please ... Stop misleading young canadians as if increasing the lending amount is going to increase their bank accounts as well as their income.

[karinturkington]

Your government is scrambling at the last minute like a student craming for an exam after not studying for a decade. Nobody believes you..

[Canadian]

Just did the math on this. You would still pay about 2, 000 mortgage payment per month. Still out of reach

[Mr.Void]

She changed her tone for the better instead of having a condescending tone, but that won't save the party in the polls.

[mistyj]

Didn't you guys say you were help housing in 2015? Do you know what the date is now? 2024 all talk. We need a new government

[russellattwell]

I can't even listen too you anymore.

[freestylefranc]

these clowns will be out in a few months!

[palestinelucas]

That's the worst decision ever canadians will be in debt for 30 years

[maple.everything]

Young Canadians were definitely kept out of the market because they couldn't insure their $1.5 million homes with their $300k (20%) down payments.

[AG-hlni]

Jesus we need a new government... take the wheel

[kenlmoe]

Well this is great! I can borrow more while making the same. Now I can get an overly priced home and be in debt for longer. Your such a life saver, what would we do without you!