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mortgage relief programs are now part of the approved 2023 federal budget and will allow mortgage holders to reduce monthly mortgage payments improve affordability and most importantly stimulate this yearamp;#39;s spring Market the measures are returning to 30 years amortization period for insured mortgages eliminating stress tests on mortgage transfer switchers and renewals increasing insured mortgage cut off from 1 million to 1 million in a half it is expected that the stimulus and support measures will increase both demand and Supply on real estate market donamp;#39;t hesitate to give me a call today to discuss your options no hard sales no obligations stay tuned for further updates Katie Shen your trusted mortgage consultant