New Mortgage Rules in Canada

Sourced from
The following blog article: New Mortgage Rules in Canada was brought to you by The Aben Team

October 17th Deadline Is Looming…

Finance Minister Bill Morneau has announced big changes for mortgages and foreign buyers. 

The Liberal government has announced big changes that will ensure Canadians aren’t taking on bigger mortgages than they can afford in an era of historically low interest rates. The changes are also meant to address concerns related to foreign buyers who buy and flip Canadian homes.  

To learn more about these changes and how they might affect you, check out this great article from Dominion Lending Centres  

These new rules come into place as of October 17th, 2016.



sourced from:


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s