More TIGHTER / TOUGHER Mortgage Rules on the WAY!!!

Monday Oct 23rd, 2017


TALK ABOUT TAKING ADVANTAGE WHEN YOU ARE DOWN?!!??...   Very important read on what OFSI (Office of the Superintendent of Financial Institutions) is now going to put in place for people looking for a a conventional mortgage. This is for either purchases of 20% down payment or more or people looking to refinance their exisiting mortgage under 80% loan to value.    OFSI is trying explain the reasoning here because even those home buyers who don’t need mortgage... [read more]