Click here for the Globe and Mail article. Basically 4 main topics:
1. 35 years is the longest amortization period;
2. if investing you must put 20% minimum down payment;
3.if re-financing you can get 90% of your equity as compared to previous 95%;
4.home buyers must qualify to make payments on a 5 year term, but can still take whatever term they want.
Posted by Pauline Relkey
on February 17, 2010
Click here for the full Globe and Mail article.
1. Affordability
2. House Prices
3. Delinquincies
4. Borrowing Costs
5. Regulations
Posted by Pauline Relkey
on February 17, 2010