More Mortgage Rules Changes
As a rule, I don't think that this is a biggy for Kootenay buyers (I can't remember the last time I had a buyer go for a 35 year amortization). More relevant to markets with a much higher entry level price (i.e Vancouver at $765K). I do take it as positive that the government is actively tracking consumer debt levels though. Maybe it's time for a
no-lose lottery? Hmmn.
CTV's thin coverage
here.
This entry was posted on January 17th, 2011
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