It’s begun. The message is starting to sink in. The new mortgage rulescould eliminate 15% of Canadians from qualifying for a mortgage after January 1st, 2018. The mad rush has started as mortgage inquiries are up significantly.
WHO WILL BE AFFECTED?
- Anyone that has a mortgage renewal in next 12 to 20 months.
- Anyone thinking of buying in the next 12 months.
- Anyone that is needs or is thinking of refinancing their mortgage in the next 12 months.
- Rental property...