DiMascio Group

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RE/MAX Escarpment Realty Inc., Brokerage

Canadian Real Estate and the New Mortgage Rules

Monday Jun 29th, 2020

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Canadian Real Estate and the New Mortgage Rules   View Larger Image     Canadian real estate has been a tough nut to crack for some homebuyers, but those have less than 20 per cent as a down payment are about to face another challenge as Canada Mortgage and Housing Corp. (CMHC) tightens the qualification rules for borrowers of high-ratio mortgages. This move is in response to the global pandemic that has left many... [read more]

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