https://www.sandhusranmortgages.com/wp-content/uploads/2025/05/The-Rise-of-30-Year-Amortization-for-First-Time-Buyers-What-It-Means-for-BCs-Housing-Market-1200x640.webp

For years, one of the biggest barriers to homeownership in British Columbia has been affordability — especially for first-time buyers in high-demand markets like Abbotsford, Surrey, and nearby communities. In 2025, a major policy shift aims to address this: 30-year amortization terms are now available on insured mortgages for new construction homes purchased by first-time...

https://www.sandhusranmortgages.com/wp-content/uploads/2025/03/GST-Proposed-Cut-for-First-Time-Buyers-Will-It-Fix-Affordability-1200x640.webp

Introduction Housing affordability is once again at the center of Canada’s political debate. With the federal election on the horizon, former Bank of Canada Governor and potential Liberal leadership candidate Mark Carney has proposed removing the Goods and Services Tax (GST) on new home purchases for first-time buyers. The aim is to provide meaningful relief...

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