New deal for green homes - 2005-02-05
New homebuyers in Canada can now save $700 to $1,000 a year on utility bills, obtain a refund from the government and take advantage of a 35-year amortization — all by purchasing an energy-efficient house.
Canadian Mortgage and Housing Corp. is providing buyers a 10 per cent refund on the one-time premium charged for the mortgage insurance CHMC provides. CMHC assists homebuyers making down payments of 5 per cent to 25 per cent by insuring these high-ratio mortgages.
Read the full story at Toronto Star