Subscribe
Viewing All Posts. 2 Posts Found.
Page: 1   Previous | Next

New Federal Rules for Home Financing

QUALIFYING FOR A FIVE-YEAR RATE The adjustments to the mortgage framework will require mortgage insurers to ensure that new borrowers qualify for a five-year fixed rate mortgage when calculating the gross debt service and total debt service ratios. The measure is intended to protect Canadians by providing them with additional flexibility to support mortgage payments at higher interest rates in the ...

Investing In a Second Property

INVESTING IN A SECOND PROPERTY     If you're thinking about buying a piece of real estate as an investment property, market conditions are definitely in your favour. While the resale housing market has seen a tremendous amount of activity from first-time buyers in the past year, it's also a perfect time for existing homeowners to invest ...
Subscribe
Viewing All Posts. 2 Posts Found.
Page: 1   Previous | Next