Jason Neumann

Affiliated Real Estate Agent

Assurance Realty Ltd.

251 Harvey Avenue

Kelowna, BCV1Y 6C2

Office: 250-869-0101
Office Fax: 250-869-0105
Cell: 250-808-7700
Toll Free: 1-888-301-2121
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The Zero Money down 40 year Amortization Mortgages run out effective October 15,2008.

In an effort to protect and strengthen the Canadian housing market, the Governement of Canada has put a deadline on 40 year amortized mortgages.  As of October 15,2008 it will a little more difficult for first time buyers to qualify for larger mortgages.  It would be a massive understatement to suggest that this measure is being taken to avoid a similar crisis as the US real estate market ...
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