Mortgage rule changes are coming January 1st

New rules are coming January 1st

With the new rules, here is what you should expect.

Don’t feel like watching? Read the video transcript below.

Transcript:

“Did you know mortgage rules are changing January 1st? After January 1st, it’s going to be harder for Canadians to get a mortgage. The mortgage rule changes are going to impact people who want to refinance their existing home and it’s also going to impact people who have a large down payment. If you want a safeguard against the rule changes. You should apply for a pre-approval or a refinance before the end of the year. If you have any questions about the 2018 rule changes feel free to give us a call or stop by the office.”

Have more questions? Feel free to contact us!