Many people have been hearing and asking about the changes recently announced by the Federal Govt affecting the Mortgage Industry and how it will relate to our local real estate market.
We have an excellent article from TD bank we can forward you if you drop us an email. It details the changes in depth.
In short we don't expect the changes to have a drastic impact and certainly will not be as influential as any rate changes that will likely be coming up in the future.
REMEMBER it's a great time to consider locking in you rates or refinancing.