Whether you are in the selling and/or buying process or in the thinking about it in the future or own a home I am urging you to educate yourself NOW before the January 1, 2018 Stress Test for mortgages comes into effect.
I encourage you to check out the links I have provided and do some of your own research before our banking regulator's new mortgage stress test officially kicks in so that you can put yourself in the best position possible for your situation in advance.
Related links (to return to this page press the back button on your screen - top lefthand corner):
- http://www.cbc.ca/news/canada/ottawa/ottawa-mortgage-stress-test-home-buyers-concerned-1.4377522
- http://www.cbc.ca/news/business/osfi-mortgage-rules-1.4358048
- https://www.canadianmortgagetrends.com/2017/10/osfi-unveils-new-stress-test-rules/
- https://beta.theglobeandmail.com/globe-investor/personal-finance/household-finances/preparing-for-osfis-new-mortgage-stress-test/article36743536/?ref=http://www.theglobeandmail.com&
Call me with any questions, advice or wish to pursue buying or selling.
Call 306.220.7811
I would be happy to help you.
