Mortgage Rules Tighten in Canada

The Canadian Government has always been one of the more conservative ones in terms of their lending rules in an effort to decrease debt in Canadian households. 

In the current ever changing economy and the anxiety that is brought to lenders by the global economic atmosphere, today, new rules were announced for mortgage lending in Canada.

I thought it best to bring a great ARTICLE to your attention outlining all the changes to the mortgage rules in Canada.