Breaking News- New Mortgage Qualifications October 17th 2016
General Angela Calla 3 Oct
Oct 3rd 2016 Federal Finance Minister Bill Morneau unveiled sweeping changes that will affect all sectors of the housing market, including rules aimed at slowing the flood of foreign money into the market and stricter borrowing qualification requirements from lenders. The changes can be viewed here: http://www.fin.gc.ca/n16/data/16-117_1-eng.asp This means that borrowers have to qualify at […]
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