New mortgage rules to steer consumers to big banks
They'll also limit choice and increase the cost of borrowing
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They'll also limit choice and increase the cost of borrowing
3% of transactions involved foreign buyers last month
Divergence between Canadian and U.S. policy to grow
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To ease affordability and reduce risk
To get the best mortgage rate deal you need to hedge and shop aggressively
Changes kicked in Tuesday and affect all amortization periods
Now is the time to get advice from a mortgage expert and lock in your rates
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You may only have 48 to 72 hours to lock-in on incredible mortgage rate deals
