Mortgage rules

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Why Buy a Home Before January 2018

By | 2017-11-09T15:23:27+00:00 November 9th, 2017|Categories: Buying, Condos, Investing, Realty Talk, Renting|Tags: , , , , |

Why Buy a Home Before January 2018 Why Buy a Home Before January 2018 Why buy a home before January 2018 - simply because the new stress test or the OSFI minimum qualifying rate will become a mandatory requirement for all home buyers who want [...]

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Federal Mortgage Changes

By | 2017-01-23T12:10:39+00:00 October 7th, 2016|Categories: Buying, Condos, Realty Talk, Square One Condos|Tags: , , , , , |

Federal Mortgage Changes and its impact on Mississauga Real Estate Federal Mortgage Changes do not support majority of Home Buyers The new federal mortgage changes is going to hurt first time buyers more than any other segment in the real estate market. The federal mortgage changes are [...]

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Mortgage Rules

By | 2017-01-23T12:11:09+00:00 February 28th, 2011|Categories: Realty Talk|Tags: |

New Mortgage Rules Successfully Navigating The Changing World of Mortgages Have you heard about a great government program or a tax advantage only when the media lament its end?The real estate and banking sectors are set up to facilitate their deal making and profit taking with [...]

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New mortgage rules

By | 2017-01-23T12:11:09+00:00 January 17th, 2011|Categories: Realty Talk|Tags: , , |

Three New Mortgage Rules in 2011 Today, Finance Minister Jim Flaherty announced new mortgage regulations aimed at reducing soaring household debt for Canadians. The International Monetary Fund has called household debt to be the No. 1 risk to the Canadian economy. The three new mortgage rules: [...]

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Canada’s new housing rules

By | 2017-01-23T12:11:11+00:00 February 16th, 2010|Categories: Realty Talk|Tags: , , |

Today, Canada 's Finance Minister Jim Flaherty announced new housing rules. These rules will make it more difficult for people to qualify to buy new homes. These rules break down into three types: First Time Home Buyers: The government plans to mandate that all borrowers meet standards [...]

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No more zero down mortgages

By | 2017-01-23T12:11:18+00:00 July 10th, 2008|Categories: Realty Talk|Tags: , |

NEW Mortgage Guidelines Here is some interesting news. Though this should have come much earlier, good news is welcome anytime. Looking at what Banks did to the consumers in the USA, the Canadian government has now taken steps that should avoid US type mayhem here. From Oct 15, 2008, there won't be [...]

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