Since the announcement by Ottawa in late June, 2012 that it would make changes to the mortgage rules, I’ve been flooded with lots of questions. Part of my role as a mortgage broker is to help educate borrowers.
How the mortgage rule changes impact you
Whether you’re a first time buyer wanting to get into the market, bought pre-construction or need to refinance, these changes can have an impact on you. Amortization, debt-to-service ratio, refinancing rules have all changed.
Check out my 2 minute 56 second video highlighting the changes.
If you have any questions just reach out to me here or book a call into my calendar below.
