How Canada’s New Mortgage Rules Will Affect Home Prices
Canadian home prices have been climbing for years, but with the introduction of new mortgage rules and January’s Bank of Canada rate hike, will prices continue to rise in 2018? According to some industry experts, the answer is they likely
The 2017 first-time home buyers guide for Canadians
There have been a number of changes to mortgage rules by governments recently that affect the buying and selling power of individuals when it comes to real estate. Below, we have created a guide to help you through all the
Canadians rush to get mortgages ahead of tougher tests in new year
The Royal Bank of Canada had seen an increase in demand for mortgages ahead of tougher tests for borrowers being introduced in January. Canada’s banking regulator last month finalized tougher new rules on mortgage lending aimed at safeguarding lenders and borrowers. The
How Canada’s New Mortgage Rules Will Affect You
Wondering how the new mortgage rules will impact you? Find a summary of the new regulations and how they could affect you below: Ottawa plans to move forward with regulations that would make it tougher for Canadians to qualify for uninsured