Following the recent announcement by CMHC to impose limits on the amount of government-guaranteed mortgage-backed securities (MBS) that a lender can sell to investors or hold on its balance sheet, I joined Global TV’s morning news to discuss what this means to borrowers in a brief interview that can be watched here:
http://www.youtube.com/watch?v=elvDlO65vZM&feature=youtu.be
Top Points Covered:
1. Reasons for the new limits
2. How the lenders will adapt
3. Effect on borrowers
4. Best advice for dealing with rising rates
In this ever-changing mortgage market, The Angela Calla Mortgage Team cares about helping you and those you care most about. We want to ensure you benefit from our experience and proactive approach to market changes. Please contact us directly with any questions or to see how we may be able to help you.
Sincerely,
Angela Calla, AMP
Dominion Lending Centres-Angela Calla
Host of ” The Mortgage Show” Saturdays @ 7pm on CKNW AM980
Phone: 604-802-3983