down payment

A memorandum of understanding was signed Monday marking a first step towards more affordable home ownership options in Regina’s North Central neighbourhood. The MOU is between the Government of Saskatchewan, the City of Regina, and Silver Sage Housing Corporation to guide collaboration towards an affordable rent-to-own program in that area of the city. Signing the […]

The federal government will allow 30-year amortization periods on insured mortgages for first-time homebuyers purchasing newly built homes. Finance Minister Chrystia Freeland made the announcement in Toronto today, saying it would take effect Aug. 1.  The Canadian Home Builders’ Association has advocated for longer amortization periods, saying five more years would help with affordability and […]