Featured Homes
Beyond commission saving
The deals were completed faster and without any of the antagonism that can happen when using agents.
- Great online exposure
- Signage delivered and removed
- All the Paperwork you'll need
- Build your own feature sheet
- Instant, unlimited updates
New Mortgage Rules
New mortgage rules coming into effect in 60 days may encourage buyers to enter the real estate market now instead of the spring which is when the market usually sees increased activity.
Finance Minister Jim Flaherty announced Monday that new federal rules will reduce the maximum amortization period to 30 years from 35 years for government-backed insured mortgages with loan-to-value ratios of more than 80 per cent.
Another change will lower the maximum amount Canadians can borrow in refinancing their mortgages to 85 per cent from 90 per cent of the value of their homes.
