NEW MORTGAGE RULES & TAX REBATES FOR FIRST-TIME HOME BUYERS

  About Toronto’s New Mortgage Rules:   Starting January 1st, 2018, Canada’s new housing laws will go into effect, making it harder to qualify for mortgages.   Under the new rules, uninsured mortgages (ones that need a 20% or higher down payment), now have to pass a so-called “stress test.”   The stress test says if you’re buying or refinancing … Continue reading NEW MORTGAGE RULES & TAX REBATES FOR FIRST-TIME HOME BUYERS