Deol & Nagpal Law Firm LLPBrampton, ON · December 8, 2017Understanding the Impact of New Mortgage Rules on Buyers
In October of 2017, the Office of the Superintendent of Financial Institutions (“OSFI”) introduced new mortgage rules that will begin to operate in 2018. These rules are an attempt to cool the Toronto and Vancouver housing markets. However, these rules will have a negative impact on buyers across Canada, particularly first-time homebuyers. The changes include: ... Continue reading Understanding the Impact of New Mortgage Rules on Buyers
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