Video: Canadian Mortgage Rule Changes

July 18, 2012

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 through my contact form or leave me a question in the comment section.

Profile

Christopher Molder

Mortgage Broker

Christopher is a mortgage broker based in Toronto, Canada. And a son of a broker too. He’s a second generation mortgage broker. Following in his father’s steps he joined the family mortgage business straight out of university.