There are new mortgage rules that you probably have not heard about yet.
Month: October 2016
What Happens When Access to Equity Becomes A Valuable Commodity?
This week the Minister of Finance announced some changes explicitly designed to slow the Canadian housing market.
New Mortgage Rules To Reinforce Soft Landing In Canadian Housing
On Friday, October 20th, 2016 TD Economics issued a special report on the new mortgage rules and what they mean for our housing market.
Ottawa Proposes Sweeping Changes to Spread Mortgage Risks
On Friday, October 21st, 2016 The Globe and Mail posted an article on the Liberals’ new plan for a deductible for mortgage insurance premiums.
New Liberal Government Housing Rules: Great for the Banks, Bad For Canadians
The keys to home ownership in Canada are now harder to reach than ever. Meanwhile, the keys to the Canadian Mortgage Market have just been handed to the Big 6 Canadian Banks.