New Mortgage Rules Having Opposite Effect

It seems that the new mortgage rules, introduced last month to help cool down the hot markets across the country, are doing the opposite of what was intended. According to National Bank, the rules are part of what’s driving the fast-paced activity we’re currently seeing. For more: http://www.huffingtonpost.ca/2016/03/14/new-mortgage-rules-canada-housing-market_n_9460702.html The post New Mortgage Rules Having Opposite Effect appeared first on Andy Schildhorn, PREC.

It seems that the new mortgage rules, introduced last month to help cool down the hot markets across the country, are doing the opposite of what was intended. According to National Bank, the rules are part of what’s driving the fast-paced activity we’re currently seeing.

For more: http://www.huffingtonpost.ca/2016/03/14/new-mortgage-rules-canada-housing-market_n_9460702.html

The post New Mortgage Rules Having Opposite Effect appeared first on Andy Schildhorn, PREC.