The Federal Government is proposing new rules that will make it much more difficult for condo buyers to qualify for financing. Currently when applying for financing 50% of the condo fees have to be added to monthly debt. Under the new proposal 100% of
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Filed under: Market Conditions, Finances, cmhc, first time homebuyer information, mortgage rule changes, mortgage rules, high ratio mortgage changes, posted mortgage rate, interest rates, Canadian housing market, mortage rates, economic conditions, mortgage qualification rules
Best mortgage rates my partners at Equity Plus Mortgages are getting are 3.59% on a quick close 5 year mortgage. If you're even thinking of buying a property go to the links section in my website and fill out an on line mortgage application to get
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Filed under: Finances, Buyer Information, windsor real estate market report, windsor real estate market update, windsor real estate, windsor essex county real estate market update, cmhc, first time homebuyer information, high ratio mortgage changes, no money down, windsor housing statistics, bank rates, bank of canada, interest rates, prime rate, mortgage rates, windsor essex county real estate, Canadian housing market, overnight lending rate, bank of canada rates, economic conditions, bank of canada prime rate, windsor market report, windsor housing maket, windsor first time buyers, windsor housing prices