Latest / The Ottawa Real Estate Podcast
This New Mortgage Option Could Cost You Thousands More
A new 2 percent down payment program sounds like a breakthrough for first time home buyers. But when we look closer, the numbers tell a different story. This week on the Ottawa Real Estate Podcast, we break down Nova Scotia’s new down payment option and why it may come with higher mortgage rates than many expect. We connect the dots between inflation, housing affordability, and the growing impact of regulatory red tape on Canadian real estate prices.We also discuss recent inflation data, how it influences mortgage rates across Canada, and why structural housing policies continue to shape home…
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