Tag Archives: New Mortgage Rules

My Take on the New Mortgage Rules

I remember asking a mortgage broker pal of mine in the summer about the rumours that OFSI (the Office of the Superintendent of Financial Institutions, i.e. banks) was going to apply the stress test to purchasers who had more than … Continue reading

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New Mortgage Rules – and how they affect buyers

This just in from Cathy Macdonald, an Ottawa mortgage broker, about the effect of the today’s rule changes on buyers:   Significant Mortgage Qualifying Changes Announced Today Do you have buyers who are pre-approved and planning to buy at or … Continue reading

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