Mortgage Changes
Posted by Matthew Dekort on
The Government Has Made Changes
In the government's never ending attempt to influence the market, control risks to the larger economy (bubbles in Vancouver / Toronto), spur / restrict the economy, encourage home ownership, fund budgets (BC speculator tax), and otherwise create headaches for people wanting to buy, this is a list of the changes wrought to the mortgage industry in the last decade:
Confusing? This is why I stress the importance of using an experienced mortgage broker. Someone who tracks these changes. So you don't have to.
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