{"id":23875,"date":"2024-04-11T17:27:22","date_gmt":"2024-04-11T17:27:22","guid":{"rendered":"https:\/\/edmontondailynews.com\/government-to-allow-30-year-mortgages-for-1st-time-buyers-of-new-builds\/"},"modified":"2024-04-11T17:27:22","modified_gmt":"2024-04-11T17:27:22","slug":"government-to-allow-30-year-mortgages-for-1st-time-buyers-of-new-builds","status":"publish","type":"post","link":"https:\/\/edmontondailynews.com\/government-to-allow-30-year-mortgages-for-1st-time-buyers-of-new-builds\/","title":{"rendered":"Government to allow 30-year mortgages for 1st-time buyers of new builds"},"content":{"rendered":"<div><iframe loading=\"lazy\" width=\"100%\" height=\"400\" src=\"https:\/\/www.youtube.com\/embed\/vuA_fsTmMKM\" title=\"YouTube video player\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><\/iframe><\/div>\n<p>Finance Minister Chrystia Freeland has announced that as of August, first-time buyers of newly built homes will be able to take out insured mortgages with a 30-year amortization period. Freeland says this will translate to lower monthly payments for young people buying homes.<\/p>\n<p>\u00bb\u00bb\u00bb Subscribe to CBC News to watch more videos:<\/p>\n<p>Connect with CBC News Online:<\/p>\n<p>For breaking news, video, audio and in-depth coverage:<br \/>\nFollow CBC News on TikTok:<br \/>\nFollow CBC News on Twitter:<br \/>\nFind CBC News on Facebook:<br \/>\nFollow CBC News on Instagram:<br \/>\nSubscribe to CBC News on Snapchat:<\/p>\n<p>Download the CBC News app for iOS:<br \/>\nDownload the CBC News app for Android:<\/p>\n<p>\u00bb\u00bb\u00bb\u00bb\u00bb\u00bb\u00bb\u00bb\u00bb\u00bb\u00bb\u00bb\u00bb\u00bb\u00bb\u00bb\u00bb\u00bb<br \/>\nFor more than 80 years, CBC News has been the source Canadians turn to, to keep them informed about their communities, their country and their world. Through regional and national programming on multiple platforms, including CBC Television, CBC News Network, CBC Radio, CBCNews.ca, mobile and on-demand, CBC News and its internationally recognized team of award-winning journalists deliver the breaking stories, the issues, the analyses and the personalities that matter to Canadians.<\/p>\n<hr>\n","protected":false},"excerpt":{"rendered":"<p>Finance Minister Chrystia Freeland has announced that as of August, first-time buyers of newly built homes will be able to take out insured mortgages with a 30-year amortization period. Freeland says this will translate to lower monthly payments for young&hellip;<\/p>\n","protected":false},"author":8,"featured_media":23876,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[686,673,185,249,24592,184,17232,75],"_links":{"self":[{"href":"https:\/\/edmontondailynews.com\/wp-json\/wp\/v2\/posts\/23875"}],"collection":[{"href":"https:\/\/edmontondailynews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/edmontondailynews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/edmontondailynews.com\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/edmontondailynews.com\/wp-json\/wp\/v2\/comments?post=23875"}],"version-history":[{"count":0,"href":"https:\/\/edmontondailynews.com\/wp-json\/wp\/v2\/posts\/23875\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/edmontondailynews.com\/wp-json\/wp\/v2\/media\/23876"}],"wp:attachment":[{"href":"https:\/\/edmontondailynews.com\/wp-json\/wp\/v2\/media?parent=23875"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/edmontondailynews.com\/wp-json\/wp\/v2\/categories?post=23875"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/edmontondailynews.com\/wp-json\/wp\/v2\/tags?post=23875"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}