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30 Year Amortizations 👍 $1.5M CMHC Mortgages👎

The Canadian Federal government announced two major changes to mortgage lending in the hopes to open the home ownership door to more Canadians. The first being, to increase CMHC insurable loans on a maximum home purchase of $999,999 to $1,500,000 and the second being extending 30 year amortizations to all qualifying homeowners. In today’s video, Surrey Real Estate Specialist, Steve Karrasch of Macdonald Realty discusses how these two changes will impact the real estate market, who it will help and whether either of these changes will improve affordability and the Canadian housing crisis. - - 🗓 Book time with Steve: https://calendly.com/stevekarrasch 💾 DOWNLOAD Our FREE Home Buyer's Guide: https://tinyurl.com/cn6u4sd9 ** Start Your Mortgage Application Today** CITY WIDE Mortgage Services: https://mtgapp.scarlettnetwork.com/KR... ** Need Home and Property Insurance? ** Use the company I use! SQUARE ONE: Tenants, Landlords and Home Owners Save $20 with Square One Insurance using this link: https://www.squareone.ca/karrasch?off... Are you a REALTOR®? Want to learn how to level up your business? 🎥 Learn how to improve your message with the #1 Real Estate Video Course or my YouTube Course for Real Estate ** https://videocourselogin.com/ ** 💵 DISCOUNT CODE: Steve10 💵 🎙 Subscribe To The Tom Storey Show Podcast with Steve and Tom: YouTube:    / @thetomstoreyshow   Spotify: https://open.spotify.com/show/7wEEPUU... Apple Podcast: https://podcasts.apple.com/ca/podcast... Need VIDEO GEAR? Shop Steve's Amazon Store: https://amzn.to/45cIBbU If you are looking for help or have any questions regarding real estate in Surrey, B.C. or the Fraser Valley, please reach out below using which ever way is most convenient. We also service real estate sales Langley, Delta, White Rock, Abbotsford, Mission, and more Greater Vancouver Cities. 📱 call or text: 604-549-5828 📧 email: [email protected] 💻 website: https://www.krproperties.ca/ ⭐️ reviews: https://tinyurl.com/y3jn689x 🟣 Instagram:   / karrasch_real_properties   🔵 Facebook:   / karraschrealproperties   🏠 listings: https://www.krproperties.ca/properties 🔍 search for properties: https://www.krproperties.ca/neighbour... The opinions expressed herein are solely that of Steve Karrasch PREC and not Macdonald Realty or the FVREB and should not be misconstrued as advice or the basis of an agency relationship whatsoever. Please consult your professional advisor prior to taking action on any decisions relating to the matters discussed in these videos. This communication is not intended to cause or induce breach of an existing agency agreement.

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