**2019 Mortgage Rules Update – 2019 Federal Budget** There have been several changes to the mortgage rules in Canada over the last 3 years. The most recent and future changes popped up in the just-proposed 2019 federal budget i.e. the First Time Home Buyer Incentive which is aimed at helping first-time homebuyers afford a home in Canada’s ‘hot’ real estate market.
2 Myths Holding Back Home Buyers | Sandy Flores, Real Estate Broker; Q&A: Redfin CEO Glenn Kelman on competing with Zillow, and the potential of real estate tech; CMHC defends mortgage stress test changes amid calls for loosening rules – Cranbrook Daily Townsman
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CMHC defends mortgage stress test changes amid calls for loosening rules The increase was led by gains in Greater Vancouver and Vancouver Island, the Greater Toronto Area, London and St. Thomas. Helpful Links Below Please find the link below for the latest edition of JIGSAW Newsletter.
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CMHC defends mortgage stress test changes amid calls for loosening rules – Cranbrook Daily Townsman The federal government enacted strict mortgage rules on Jan. 1, 2018, including a new stress test for home buyers as a way to cool off the hot real estate market. But the dip in the number of sales had no dent in the average price of a B.C.