Big Mortgage Rule Change is Expected Soon!

Posted on October 5/2017 by

WARNING: Regulators are indicating the new Mortgage regulations are to be announced by the end of October and be in full force by January 2018. Currently, this rule is in place for High Ratio Mortgages (Less than 20% Downpayment). However, this new rule will be introduced to Conventional Mortgages (More than 20% Downpayment). This means that EVERY MORTGAGE will be affected.

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