New Mortgage Rules – OSFI

Our take on some bad mortgage news for our Canadian readers.

OSFI has set out new mortgage rules for borrowers commencing on Jan 1 2018.  You’ve seen it in the media, talked about it at the water cooler, or at least complained about it twice.  This directly impacts anyone looking to buy a home and particularly sucks for anyone who’s young and looking to get into this market. Continue reading “New Mortgage Rules – OSFI”