January 1st, 2018 is bringing further changes to the mortgage rules.  The current stress test for those getting insured mortgages (less than 20% down payment), is being rolled out to the other segment of home buyers - those with more than 20% down payment.  This WILL impact the amount of mortgage these buyers will be approved for and hence affect their affordability levels.

Being aware is the first step, the second step is speaking with an experienced mortgage specialist.  We have wonderful relationships with some excellent financial experts - call us for a recommendation and become aware of what 2018 will mean for you!

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