Opening New Doors to Homeownership On-Reserve

CMHC Loan Insurance Helps First Nations Access Housing Financing Options

Having a safe, affordable place to call home is about more than four walls and a roof. A home is an important source of

To help create easier access to housing and better housing conditions on-reserve, Canada Mortgage and Housing Corporation (CMHC) offers three innovative loan [...]

Breaking New Ground in “Green” Housing

CMHC’s newest EQuilibrium™ Housing demonstration home opens its doors in Winnipeg

EQuilibrium™ Housing is a national initiative led by Canada Mortgage and Housing Corporation (CMHC) that brings the private and public sectors together to develop homes that are energy- and resource-efficient, environmentally friendly, and healthy to live in.

To help Canadians learn first-hand about sustainable housing, [...]

New Mortgage Rules are New Monetary Policy Tool

Today Canada’s Federal Finance Minister Jim Flaherty introduced new restrictions to be placed on mortgages insured by the CMHC. (Those are mortgages where the homeowner contributes less than 20% of the purchase price as a down payment.) These new rules will take effect on March 19, 2011.

· Maximum Mortgage Amortization periods will be reduced from [...]

CMHC Helps You Save When Buying an Energy-Efficient Home

Canada Mortgage Housing Corporation (CMHC), Canada’s National Housing Agency, helps you save money on the purchase or construction of an energy-efficient home when CMHC Mortgage Loan insurance is used to finance its purchase or construction.  Qualified borrowers can obtain a 10 per cent mortgage insurance premium refund which can add up to big [...]

Understanding Your Mortgage Options

How to Choose a Mortgage That’s Right for You
CMHC’s Homebuying Step by Step guide has the answers you need to your mortgage financing questions.

Congratulations! You’ve decided to begin your search for a new home, or perhaps you’ve already found the home of your dreams and are ready to make an offer. It’s [...]

MORTGAGE BASICS

Know your Mortgage ABCs

There’s a lot to consider when choosing a mortgage to finance your home. Making the right choice can save you thousands of dollars over the life of your loan. Here are some Mortgage ABCs that you should consider, including some key factors in determining how quickly you can pay down your mortgage [...]