Member - { Blog Details }

blog address: http://highgateproperties.ca/

keywords: Toronto property management, commercial property management toronto

member since: Mar 2, 2016 | Viewed: 971

Who’s Affected by the Minimum Down Payment Increase?

The new mortgage rules which were announced in December came into play sooner than anticipated. Finance Minister Bill Morneau states that buyers purchasing any home with a price tag of $500,000 or higher are subject to the new rule, and will need to pay a minimum of 10 per cent of the insured mortgage—double the original down payment minimum.

{ More Related Blogs }