Mortgage Rule Change

On March 18th 2011 the Federal government will implement some changes to Mortgage financing guidelines. .
 
But if you make a property purchase before that date,(does not have to close before Mar 18th) a $300,000.00 property would cost you $1032.71 per month on a variable 5 year term mortgage. After the 18th, that same mortgage will cost you $1146.74.
 
And that is Alex's something to think about of the week

Shayzaad Kassam

Shayzaad Kassam

Broker
CENTURY 21 Millennium Inc., Brokerage*
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