Yup. It will hurt. Thanks Justin.
A Trudeau government wants folks to be poor, not own anything and depend on the government for everything. Once they create that in society they have taken away ones freedom. Be careful who you vote for.
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The year higher borrowing costs and stricter mortgage rules hit home in VancouverToronto, Vancouver housing sales plummet to decade-lows in 2018 There are only 10 houses for sale on my street as compared to the 15 last year . BubbleBurst VanRE
Source: VancouverSun - 🏆 49. / 61 Read more »
Rising rates, tougher mortgage rules hit Toronto new home, condo sales last yearReport by Altus Group says sales of all types of pre-build homes in the GTA fell 40 per cent in 2018 This link wants your money
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Toronto home sales drop 16% in 2018 in new reality of higher rates and stricter mortgage rulesPrices fall 4.3%
Source: nationalpost - 🏆 10. / 80 Read more »
Toronto home sales expected to rebound, but mortgage rules need review: TREBIn its annual review, Toronto Real Estate Board predicts 83,000 homes will sell in the Greater Toronto Area in 2019, a 7.3-per-cent increase from 77,375 sales in 2018 only if Trudeau is voted out. OSFICanada there is no need for any action at best and in fact we might need stricter B20 rules as TREB is saying home sales expected to rebound and thus no problem in clients obtaining credit. Looks like credit is still to easy. Word is getting a fraudulent mortgage still easy
Source: globeandmail - 🏆 5. / 92 Read more »
Deep freeze in housing market suggests mortgage rules have overshot their markHaider-Moranis Bulletin: A decline in sales in January 2018 was expected, the decline this January was disturbing Another Industry in the Tank Misleading title. Lose the stress test ....It's causing stress..
Source: nationalpost - 🏆 10. / 80 Read more »
How Canada’s mortgage rules are rejecting the gig economyAs Canada’s work force becomes more gig-based, conventional mortgage regulation is trending ever further from recognizing this fact
Source: globeandmail - 🏆 5. / 92 Read more »
Home Capital profit rises on increased mortgage originationsThe alternative mortgage lender says it earned $35.8 million or 46 cents per share for the quarter ended Dec. 31
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