The New Mortgage Rules and How They’ll Affect You
Listen to “The New Mortgage Rules and How They’ll Affect You” on Spreaker.
Morrison Sells Real Estate – Toronto Real Estate Agents
Welcome to the Morrison Report podcast, insights into the Toronto Real Estate Market. Everything you need, want and are curious to know about the market. I’d love to hear your suggestions on topics I should cover so please feel free to reach out to me at davelle@bosleyrealestate.com
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Listen to “The New Mortgage Rules and How They’ll Affect You” on Spreaker.
Yesterday, OSFI (The Office of the Superintendent of Financial Institutions) announced some new rules to tighten up the real estate market. These rules will affect anyone putting 20% as down payment or more on a home. Currently, anyone purchasing a house over a million dollars will have to put a down payment of at least 20% to qualify for a mortgage. Those who spend less than a million dollars and put down less than 20% have been experiencing this additional stress test for the last year.
Here’s the latest real estate updates for you on Toronto’s market.
Here is what “no money down” means in reality. Plus, it definitely is good for real estate investing.
This past week we in the real estate industry seem to be of two minds. It seems all the Realtors are holding the same half full glass of water and we are debating the age old question of is the glass half full or is it really half empty.
Listen to “Real Estate Investing in Barrie, Ontario” on Spreaker.
There’s a pretty simple reason for why I decided to become a real estate agent.
Listen to “How to be Compensated If a Builder Delays the Move-in Date” on Spreaker.
Listen to “Property Investment in Prince Edward County” on Spreaker.