First-time homebuyers will soon be able to access 25-year down payment loans of up to $37,500, or 5% of the purchase price, that are interest-free—and payment-free—for the first five years.
B.C. Premier Christy Clark announced December 15 the provincial government is investing $703 million over the next three years to fund the program, which will be carried out by the B.C. Home Owner Mortgag ...