New Mortgage Rules and What is Being Said:

Mortgage Brokers are saying the borrower rejection rate from bigger banks is greater after Canada’s banking regulator imposed a stress test for home owners. Due to this alternative lenders are seeing an uptick in business. This article has some insight and may help you understand it a little bit better.

Here is the link:

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Gary Chambers

Gary Chambers

Associate Broker
CENTURY 21 Trident Realty Ltd.
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