Changes in mortgage rules...

April will bring some new and a little bit tighter rules when it comes to qualifying for a mortgage, if you are a home buyer, dont panic, trhe rules are not that different from before, you may need to qualify with the posted fixed rate rather than the variable rate, but I believe this will be a good thing, and the difference to the average home buyer will be minimal in what he or she will qualify for. For investors there will be bigger changes, too much to explain here, but if you need some answers, give me a call anytime!

John Dempster

John Dempster

REALTORĀ®
CENTURY 21 Hi-Point Realty Ltd.
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