Mortgage rules tightening as home prices expected to drop

Mortgage rules tightening as home prices expected to drop 1

 

Government rules around purchasing real estate are tightening, but the change comes as housing prices are expected to drop.

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13 Comments on "Mortgage rules tightening as home prices expected to drop"

  1. Thats it, just keep squeezing Canadians out of the housing market

  2. So when housing was overvalued, banks made loans easier and the cost of money cheap to help fuel the hype.
    Now that values are going down to fair market, the banks find these smaller loans for the same asset more risky and therefore require tighter restrictions?

  3. Nice video K4hH

  4. GospelFisherman | June 5, 2020 at 10:10 AM | Reply

    CRASH!!!

  5. The Pman Van | June 5, 2020 at 10:21 AM | Reply

    The banks keeping all that money printing.

  6. Can 1st time buyers still borrow from their rrsps?

  7. Meriem’s Everyday Food | June 5, 2020 at 11:00 AM | Reply

    Sad reality for 1st time buyers..

  8. Sanjay Shetty | June 5, 2020 at 1:02 PM | Reply

    Chinese working for CCP in full action buying most of the real estate.

  9. Turdeau’s dream! Only immigrants can afford to live in Canada.

  10. We need to stop foreigner specifically China from buying up our real estate with there funny money as they are hurting our Canadian exporters.

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