Thursday 18 August 2016

New Mortgage Rules and Their Impact


A short time ago CMHC changed the rules on how much down payment buyers have to have in place to buy a home worth more than $500,000. The new rules stated that you have to have 5% on the first $500,000 and 10% on the remaining balance up to $999,999. After that point they require Read More The post New Mortgage Rules and Their Impact appeared first on Dominion Lending Centres.
https://dominionlending.ca/news/blog-posts/new-mortgage-rules-impact/

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