Our Chief Economist Dr. Sherry Cooper shares the recent news on the new qualifying interest rate...
Although the net impact, immediately, may only be 30 basis points, this is a strong message that we require a more dynamic solution that can adjust to the market place and real estate needs of Canadians and this is a great first step.
Changes like this, help make the dream of real estate ownership for Canadians a little more attainable.
*The Westlake Team is Mortgage Brokerages based out of Oakville and services the GTA and MUskoka. TWT offers great terms from Banks, Credit Unions, Trust Companies and Private Capital. It focuses on residential, commercial and private lending and specializing in construction financing and lending for affluent clients with complex lending needs.