Archive for the Category ◊ Mortgages ◊

• Sunday, March 02nd, 2014

International Home & Garden Show

Features Linda Pinizzotto

Sunday March 9th at 12:00 noon- Celebrity Stage
or Visit Linda at Booth #108
Learn about Real Estate & Issues in the Marketplace
What is Happening in the Condo Scene?
How Can we Stop the Problems?


Information You Need to Know

Information You Need to Know





• Thursday, June 21st, 2012

Ottawa announced changes in mortgage rules today that will go into effect July 9th, 2012.

There will be a cap of $1 million on insured mortgages. There will be a reduction to TDS ratio down to 39%.

The amortization period will be cut to 25 years maximum.

The maximum refinance LTV on insured mortgages will be cut to 80%.

Later today, OFSI will publish their underwriting changes to mortgages.