On Point With Alex Pierson

Alex is joined by Lou Berkovitz, Global News Radio Real Estate Expert to discuss the the new mortgage incentive, Home Buyer’s Plan boost under 2019 budget. Can’t afford to buy a house? The government may take on part of the cost. That is the gist of the boldest proposal that Budget 2019 puts forth to help more middle-income Canadians fulfill their homeownership dream. Under the new CMHC First-Time Home Buyer Incentive, the Canada Mortgage and Housing Corporation would use up to $1.25 billion over three years to help lower mortgage costs for eligible Canadians. Learn more about your ad choices. Visit megaphone.fm/adchoices