New housing rules to curb exposure to rising debt: BoC
Highly indebted borrowers reached 18%
Advertisement
Highly indebted borrowers reached 18%
The program applies to homes with a maximum value of $750K
Variable and fixed rate mortgages will be indirectly impacted. Here's why
Advertisement
10 to 25 basis points will be added to overall rates
People in Vancouver need to a 27% higher income after new mortgage rules
Advertisement
It's not just about saving money, but your return on those savings