The Liberal government has announced sweeping changes aimed at ensuring Canadians aren’t taking on bigger mortgages than they can afford in an era of historically low interest rates.
The changes are also meant to address concerns related to foreign buyers who buy and flip Canadian homes.
In today’s podcast we talk about:
- Why the government introduced this
- What are the current rules
- What are the new rules
- Who it affects and how
- Other attempts to cool the market by the government
If I can help with your real estate needs, please email me at Darlene@HomeSaledivas.com