{"id":1755,"date":"2024-09-16T14:51:03","date_gmt":"2024-09-16T19:51:03","guid":{"rendered":"https:\/\/avaljitmortgages.ca\/wp-content\/uploads\/2024\/09\/What-do-i-Need-to-consider-.png"},"modified":"2024-09-16T14:59:29","modified_gmt":"2024-09-16T19:59:29","slug":"what-do-i-need-to-consider-2","status":"inherit","type":"attachment","link":"https:\/\/avaljitmortgages.ca\/fr\/what-do-i-need-to-consider-2\/","title":{"rendered":"What do i Need to consider"},"author":4,"comment_status":"open","ping_status":"closed","template":"","meta":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v17.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/avaljitmortgages.ca\/fr\/wp-content\/uploads\/2024\/09\/What-do-i-Need-to-consider--e1726517050964.png\" \/>\n<meta property=\"og:locale\" content=\"fr_FR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What do i Need to consider - Centres Hypoth\u00e9caires Dominion\" \/>\n<meta property=\"og:description\" content=\"Game-Changing Mortgage Reforms: Unlocking Homeownership for Canadians September 16, 2024\" \/>\n<meta property=\"og:url\" content=\"https:\/\/avaljitmortgages.ca\/wp-content\/uploads\/2024\/09\/What-do-i-Need-to-consider--e1726517050964.png\" \/>\n<meta property=\"og:site_name\" content=\"Centres Hypoth\u00e9caires Dominion\" \/>\n<meta property=\"article:modified_time\" content=\"2024-09-16T19:59:29+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/avaljitmortgages.ca\/wp-content\/uploads\/2024\/09\/What-do-i-Need-to-consider-.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1080\" \/>\n\t<meta property=\"og:image:height\" content=\"1080\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:label1\" content=\"Dur\u00e9e de lecture est.\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Organization\",\"@id\":\"https:\/\/avaljitmortgages.ca\/#organization\",\"name\":\"Centres Hypoth\\u00e9caires Dominion\",\"url\":\"https:\/\/avaljitmortgages.ca\/\",\"sameAs\":[],\"logo\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/avaljitmortgages.ca\/#logo\",\"inLanguage\":\"fr-FR\",\"url\":\"http:\/\/master.wps.dlcserver.com\/wp-content\/uploads\/2017\/01\/vector_DLC1.jpg\",\"contentUrl\":\"http:\/\/master.wps.dlcserver.com\/wp-content\/uploads\/2017\/01\/vector_DLC1.jpg\",\"width\":369,\"height\":173,\"caption\":\"Centres Hypoth\\u00e9caires Dominion\"},\"image\":{\"@id\":\"https:\/\/avaljitmortgages.ca\/#logo\"}},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/avaljitmortgages.ca\/#website\",\"url\":\"https:\/\/avaljitmortgages.ca\/\",\"name\":\"Centres Hypoth\\u00e9caires Dominion\",\"description\":\"Just another WordPress site\",\"publisher\":{\"@id\":\"https:\/\/avaljitmortgages.ca\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/avaljitmortgages.ca\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"fr-FR\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/avaljitmortgages.ca\/wp-content\/uploads\/2024\/09\/What-do-i-Need-to-consider--e1726517050964.png#webpage\",\"url\":\"https:\/\/avaljitmortgages.ca\/wp-content\/uploads\/2024\/09\/What-do-i-Need-to-consider--e1726517050964.png\",\"name\":\"What do i Need to consider - Centres Hypoth\\u00e9caires Dominion\",\"isPartOf\":{\"@id\":\"https:\/\/avaljitmortgages.ca\/#website\"},\"datePublished\":\"2024-09-16T19:51:03+00:00\",\"dateModified\":\"2024-09-16T19:59:29+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/avaljitmortgages.ca\/wp-content\/uploads\/2024\/09\/What-do-i-Need-to-consider--e1726517050964.png#breadcrumb\"},\"inLanguage\":\"fr-FR\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/avaljitmortgages.ca\/wp-content\/uploads\/2024\/09\/What-do-i-Need-to-consider--e1726517050964.png\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/avaljitmortgages.ca\/wp-content\/uploads\/2024\/09\/What-do-i-Need-to-consider--e1726517050964.png#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/avaljitmortgages.ca\/fr\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"What do i Need to consider\"}]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/avaljitmortgages.ca\/fr\/wp-content\/uploads\/2024\/09\/What-do-i-Need-to-consider--e1726517050964.png","og_locale":"fr_FR","og_type":"article","og_title":"What do i Need to consider - Centres Hypoth\u00e9caires Dominion","og_description":"Game-Changing Mortgage Reforms: Unlocking Homeownership for Canadians September 16, 2024","og_url":"https:\/\/avaljitmortgages.ca\/wp-content\/uploads\/2024\/09\/What-do-i-Need-to-consider--e1726517050964.png","og_site_name":"Centres Hypoth\u00e9caires Dominion","article_modified_time":"2024-09-16T19:59:29+00:00","og_image":[{"width":1080,"height":1080,"url":"https:\/\/avaljitmortgages.ca\/wp-content\/uploads\/2024\/09\/What-do-i-Need-to-consider-.png","path":"\/var\/www\/sites\/wps\/sites\/code\/wp-content\/uploads\/2024\/09\/What-do-i-Need-to-consider-.png","size":"full","id":1755,"alt":"","pixels":1166400,"type":"image\/png"}],"twitter_card":"summary","twitter_misc":{"Dur\u00e9e de lecture est.":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Organization","@id":"https:\/\/avaljitmortgages.ca\/#organization","name":"Centres Hypoth\u00e9caires Dominion","url":"https:\/\/avaljitmortgages.ca\/","sameAs":[],"logo":{"@type":"ImageObject","@id":"https:\/\/avaljitmortgages.ca\/#logo","inLanguage":"fr-FR","url":"http:\/\/master.wps.dlcserver.com\/wp-content\/uploads\/2017\/01\/vector_DLC1.jpg","contentUrl":"http:\/\/master.wps.dlcserver.com\/wp-content\/uploads\/2017\/01\/vector_DLC1.jpg","width":369,"height":173,"caption":"Centres Hypoth\u00e9caires Dominion"},"image":{"@id":"https:\/\/avaljitmortgages.ca\/#logo"}},{"@type":"WebSite","@id":"https:\/\/avaljitmortgages.ca\/#website","url":"https:\/\/avaljitmortgages.ca\/","name":"Centres Hypoth\u00e9caires Dominion","description":"Just another WordPress site","publisher":{"@id":"https:\/\/avaljitmortgages.ca\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/avaljitmortgages.ca\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"fr-FR"},{"@type":"WebPage","@id":"https:\/\/avaljitmortgages.ca\/wp-content\/uploads\/2024\/09\/What-do-i-Need-to-consider--e1726517050964.png#webpage","url":"https:\/\/avaljitmortgages.ca\/wp-content\/uploads\/2024\/09\/What-do-i-Need-to-consider--e1726517050964.png","name":"What do i Need to consider - Centres Hypoth\u00e9caires Dominion","isPartOf":{"@id":"https:\/\/avaljitmortgages.ca\/#website"},"datePublished":"2024-09-16T19:51:03+00:00","dateModified":"2024-09-16T19:59:29+00:00","breadcrumb":{"@id":"https:\/\/avaljitmortgages.ca\/wp-content\/uploads\/2024\/09\/What-do-i-Need-to-consider--e1726517050964.png#breadcrumb"},"inLanguage":"fr-FR","potentialAction":[{"@type":"ReadAction","target":["https:\/\/avaljitmortgages.ca\/wp-content\/uploads\/2024\/09\/What-do-i-Need-to-consider--e1726517050964.png"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/avaljitmortgages.ca\/wp-content\/uploads\/2024\/09\/What-do-i-Need-to-consider--e1726517050964.png#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/avaljitmortgages.ca\/fr\/"},{"@type":"ListItem","position":2,"name":"What do i Need to consider"}]}]}},"description":{"rendered":"<p class=\"attachment\"><a href='https:\/\/avaljitmortgages.ca\/wp-content\/uploads\/2024\/09\/What-do-i-Need-to-consider--e1726517050964.png'><img width=\"300\" height=\"300\" src=\"https:\/\/avaljitmortgages.ca\/wp-content\/uploads\/2024\/09\/What-do-i-Need-to-consider--300x300.png\" class=\"attachment-medium size-medium\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/avaljitmortgages.ca\/wp-content\/uploads\/2024\/09\/What-do-i-Need-to-consider--300x300.png 300w, https:\/\/avaljitmortgages.ca\/wp-content\/uploads\/2024\/09\/What-do-i-Need-to-consider--1024x1024.png 1024w, https:\/\/avaljitmortgages.ca\/wp-content\/uploads\/2024\/09\/What-do-i-Need-to-consider--150x150.png 150w, https:\/\/avaljitmortgages.ca\/wp-content\/uploads\/2024\/09\/What-do-i-Need-to-consider--768x768.png 768w, https:\/\/avaljitmortgages.ca\/wp-content\/uploads\/2024\/09\/What-do-i-Need-to-consider-.png 1080w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<p>Game-Changing Mortgage Reforms: Unlocking Homeownership for Canadians<\/p>\n<p>September 16, 2024<\/p>\n<p>In a bold move to make homeownership more accessible, the Canadian government has announced significant changes to mortgage rules aimed at helping more Canadians, particularly Millennials and Gen Z, achieve their dream of owning a home. These reforms, which come into effect on December 15, 2024, represent the most substantial mortgage updates in decades.<\/p>\n<p>Here\u2019s what you need to know:<\/p>\n<p>1. Increased Insured Mortgage Cap<br \/>\nThe price cap for insured mortgages will increase from $1 million to $1.5 million. This change reflects the current housing market and makes it easier for buyers to qualify for an insured mortgage with less than a 20% downpayment. With home prices continuing to rise, especially in urban areas, this update will provide more flexibility for those looking to purchase their first home.<\/p>\n<p>2. Expanding 30-Year Amortizations<br \/>\nThe government is expanding the option of 30-year mortgage amortizations to all first-time homebuyers and buyers of new builds. Previously limited, this update will help reduce monthly mortgage payments, making homeownership more affordable and giving Canadians more breathing room in their budgets.<\/p>\n<p>3. Switch Lenders Without a Stress Test<br \/>\nIn addition to the above, insured mortgage holders will now be able to switch lenders at renewal without having to undergo another mortgage stress test. This allows more flexibility to shop around for the best mortgage rates, ensuring homeowners can secure the lowest interest rates without worrying about requalifying.<\/p>\n<p>4. Incentivizing New Home Construction<br \/>\nBy expanding 30-year amortizations for new builds, the government aims to stimulate housing construction across the country. This is part of a larger strategy to tackle Canada\u2019s housing shortage, with a commitment to build nearly 4 million new homes over the coming years.<\/p>\n<p>5. Home Buyers\u2019 and Renters\u2019 Bill of Rights<br \/>\nAlong with these mortgage reforms, the government is also working on a Home Buyers\u2019 Bill of Rights and Renters\u2019 Bill of Rights. These measures aim to protect both homebuyers and renters from unfair practices, ensure more transparent transactions, and make the housing market fairer for everyone.<\/p>\n<p>What This Means for You<br \/>\nWhether you\u2019re a first-time buyer, looking to upgrade, or seeking to secure a better rate at mortgage renewal, these new rules offer more opportunities and flexibility to achieve your homeownership goals.<\/p>\n<p>The Canadian government is taking major steps to make owning a home easier, and as a mortgage professional, I\u2019m here to help you navigate these changes. If you have any questions about how these new rules can impact your mortgage or home buying process, feel free to reach out!<\/p>\n"},"caption":{"rendered":"<p>Game-Changing Mortgage Reforms: Unlocking Homeownership for Canadians<\/p>\n<p>September 16, 2024<\/p>\n"},"alt_text":"","media_type":"image","mime_type":"image\/png","media_details":{"width":1080,"height":1080,"file":"2024\/09\/What-do-i-Need-to-consider-.png","sizes":{"medium":{"file":"What-do-i-Need-to-consider--300x300.png","width":300,"height":300,"mime_type":"image\/png","source_url":"https:\/\/avaljitmortgages.ca\/wp-content\/uploads\/2024\/09\/What-do-i-Need-to-consider--300x300.png"},"large":{"file":"What-do-i-Need-to-consider--1024x1024.png","width":1024,"height":1024,"mime_type":"image\/png","source_url":"https:\/\/avaljitmortgages.ca\/wp-content\/uploads\/2024\/09\/What-do-i-Need-to-consider--1024x1024.png"},"thumbnail":{"file":"What-do-i-Need-to-consider--150x150.png","width":150,"height":150,"mime_type":"image\/png","source_url":"https:\/\/avaljitmortgages.ca\/wp-content\/uploads\/2024\/09\/What-do-i-Need-to-consider--150x150.png"},"medium_large":{"file":"What-do-i-Need-to-consider--768x768.png","width":768,"height":768,"mime_type":"image\/png","source_url":"https:\/\/avaljitmortgages.ca\/wp-content\/uploads\/2024\/09\/What-do-i-Need-to-consider--768x768.png"},"sow-carousel-default":{"file":"What-do-i-Need-to-consider--272x182.png","width":272,"height":182,"mime_type":"image\/png","source_url":"https:\/\/avaljitmortgages.ca\/wp-content\/uploads\/2024\/09\/What-do-i-Need-to-consider--272x182.png"},"full":{"file":"What-do-i-Need-to-consider--e1726517050964.png","width":1080,"height":1080,"mime_type":"image\/png","source_url":"https:\/\/avaljitmortgages.ca\/wp-content\/uploads\/2024\/09\/What-do-i-Need-to-consider--e1726517050964.png"}},"image_meta":{"aperture":"0","credit":"","camera":"","caption":"","created_timestamp":"0","copyright":"","focal_length":"0","iso":"0","shutter_speed":"0","title":"","orientation":"0","keywords":[]}},"post":null,"source_url":"https:\/\/avaljitmortgages.ca\/wp-content\/uploads\/2024\/09\/What-do-i-Need-to-consider--e1726517050964.png","_links":{"self":[{"href":"https:\/\/avaljitmortgages.ca\/fr\/wp-json\/wp\/v2\/media\/1755"}],"collection":[{"href":"https:\/\/avaljitmortgages.ca\/fr\/wp-json\/wp\/v2\/media"}],"about":[{"href":"https:\/\/avaljitmortgages.ca\/fr\/wp-json\/wp\/v2\/types\/attachment"}],"author":[{"embeddable":true,"href":"https:\/\/avaljitmortgages.ca\/fr\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/avaljitmortgages.ca\/fr\/wp-json\/wp\/v2\/comments?post=1755"}]}}