BREAKING: Effective Oct. 17, borrowers getting insured 5yr fixed mtg must prove they can afford payments at the BoC posted rate—4.64% today.
Example: Someone who qualifies for a maximum $300,000 purchase today... after Oct 17 they will qualify for approx. $240,000 maximum purchase.
More details to be posted tomorrow. Call 403-648-1541 or email
info@cgymortgage.com