Mortgage rules: What do the changes mean?

On Monday Ottawa announced new rules aimed at making it harder to get a mortgage.

The federal government is instituting significant changes to Canada’s mortgage rules aimed at ensuring homeowners will survive an increase in interest rates. (File/THE CANADIAN PRESS)

Read full article: http://www.ctvnews.ca/business/mortgage-rules-what-do-the-changes-mean-1.3102794

For more information about the current market or for details about the new mortgage rules, get in touch with Bill Brandsma at 403-932-4433.

Bill Brandsma Real Estate – specializing in Calgary and the surrounding area.