However, prices of Canadian real estate have indeed increased substantially and many people can not acquire property under our traditional financial contexts of a 20 per cent down payment for a first mortgage. (remonline.com)
When he first purchased his house, he didn't quite hit the 20 per cent down payment threshold; his bank offered him a loan to cover the difference. (canadianbusiness.com)
Under the changes, homebuyers must now put at least 10 per cent down on the portion of a home that costs more than $ 500,000. (business.financialpost.com)