Video: Canadian Mortgage Rule Changes

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Since the announcement by Ottawa in late June, 2012 that it would make changes to the mortgage rules, I’ve been flooded with lots of questions. Part of my role as a mortgage broker is to help educate borrowers.

How the mortgage rule changes impact you

Whether you’re a first time buyer wanting to get into the market, bought pre-construction or need to refinance, these changes can have an impact on you. Amortization, debt-to-service ratio, refinancing rules have all changed.

Check out my 2 minute 56 second video highlighting the changes.

If you have any questions just reach out to me through my contact form or leave me a question in the comment section.