Ready for Canada’s new mortgage rules?

There are new rules coming out in January that require those taking out a mortgage to qualify at a rate two percentage points higher than the contractual mortgage rate.

Whether you’re buying a home or refinancing speak to a mortgage advisor who can help guide you through the process.

Click here to watch 5 different videos which may help answer the following questions:

  1. What is the new mortgage stress test?
  2. What does this mean if I’m buying a home?
  3. I’m already approved for my mortgage. Will I be tested?
  4. My mortgage is up for renewal in 2018. What does this mean for me?
  5. What if I don’t qualify for the mortgage I want under the new rules?