Good News for First-Time Buyers! New Mortgage Rules in Canada Explained for Fraser Valley

Good news for first-time homebuyers and those looking to invest in new construction! Recent changes to Canada's mortgage rules aim to make homeownership more affordable, especially in high-demand areas like Abbotsford and the Fraser Valley. In this video, I’ll explain the key update—the extension of the maximum amortization period for insured mortgages—and how it impacts both buyers and sellers in our community.

If you’re planning to buy in 2024, this is a must-watch! Like, comment, and subscribe for more real estate insights in the Fraser Valley.

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