Recently, Alberta Mortgage broker, Krishna Gupta, was interviewed by CBC News. With the new mortgage rules, first-time home buyers and single-income earners will have to change their expectations when it comes to purchasing a home. The rule will test a buyer’s ability to afford mortgage payments if mortgage rates increased by two percent.
Read the full article here
For more information on the new mortgage rules, or to receive a free mortgage quote from Alberta Mortgage, contact us today!
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