Ontario to support first-time buyers

There will be an element of support for those trying to get a foot on the Ontario property ladder when the provincial government makes its fall economic statement Monday.

However, premier Kathleen Wynne is unlikely to announce any major changes to policy to address soaring home prices.

The Huffington Post reports that Wynne has hinted that there will be small changes to help first-time buyers and spoke of the challenge of saving for a downpayment.

On that basis, there is speculation that the government could propose funding to enable new homebuyers to escalate their savings to buy a home faster.

Are you looking to invest in property? If you like, we can get one of our mortgage experts to tell you exactly how much you can afford to borrow, which is the best mortgage for you or how much they could save you right now if you have an existing mortgage. Click here to get help choosing the best mortgage rate

Market update:

Get help choosing the best mortgage rate

Just fill in a few details, and we'll arrange for a Mortgage adviser to help you find the best mortgage for your needs

  • How soon do you want a mortgage?
  • Name
  • Where do you live?
  • Phone number
  • E-mail address

Industry news

Submit a press release


Do you invest in commercial properties?