First Time Homeowners This Might Be The Best Time To Buy
Covid 19 has everyone around the world unsure of the future of our economy. One thing for sure is that if you are one of the lucky ones that are still employed but missed out on buying a home before the GTA's real estate boom this might be the best time to try to get into the market. Previously the Mortgage Stress Test implemented by CMHC made it almost impossible for a first time buyer to afford anything in the GTA. But can this current economic nightmare be their best chance ? Certainly. With the current low interest rates, reduced Mortgage Stress Test qualifications this is probably the best time to take home buying seriously again. Whoever missed out this is your chance. Get Pre-Approved to see how much you can purchase today and go for it !