Source: Loan Digest (loandigest.net)
So that means we might have a few less NP gloom&doom headlines Nah - NP will always find something to complain about.
So, what happens as less people qualify for mortgages? I was told 1 in 4 are qualifying under these new rules. That seems to be harsher for suburban vs urban. Cities like Van/Tor become stable but for smaller areas it seems they will see slower growth & tougher to sell a homes.
Interesting
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