Mortgage Rules are Changing Today

Andy Schildhorn • February 15, 2016

Today is the first day you’ll need to put at least 10 percent down on a home selling for more than $500,000 Canada. The new mortgage rules, announced last December by Finance Minister Bill Morneau, are intended to keep housing prices affordable for anyone wishing to enter some of Canada’s hottest real estate markets, such as Toronto and […] The post Mortgage Rules are Changing Today appeared first on Andy Schildhorn, PREC.

Today is the first day you’ll need to put at least 10 percent down on a home selling for more than $500,000 Canada.

The new mortgage rules, announced last December by Finance Minister Bill Morneau, are intended to keep housing prices affordable for anyone wishing to enter some of Canada’s hottest real estate markets, such as Toronto and Vancouver.

 

🐾TinyKittens marks decade of cat care, compassion

By Andy Schildhorn • December 15, 2025
While TinyKittens rescues feral cats locally, it also strives to inspire compassion globally.👉 More Details Here

🎄 Holiday Lights at Williams Park

By Andy Schildhorn • December 12, 2025
Join us for Holiday Lights in Williams Park, a free, family-friendly outdoor event featuring over 195,000 lights and festive displays! Holiday Lights is a drive-through event. 👉Register Here

Your Favourite Santa Pet Photo Contest

By Andy Schildhorn • December 11, 2025
On November 29th we hosted a Santa Photos Event for family, friends and pets benefiting the Langley Animal Protection Society (LAPS) ... We raised $535.00 in donations... Thank you! A few of the owners have entered their pets in the WIN a Pet Portrait by Portrait & Pets Art Works by Soraya for the Owner Pet Photos Contest - Valued at $100 Get into the festive spirit with our Santa Pet Photo Contest! Check out the adorable entries and help us crown this year’s winner by casting your vote. 👉 Vote now: Santa Pet Photo Contest
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