Jillian Almeida-Dominion Lending Centres- BlueTree Mortgages West

Using a Mortgage Planner has never been more important than it is right now. Our guidance and support will help you achieve your financial goals faster. I will give you viable options and solutions. Call me for your mortgage review! #mortgage #mortgageplanner #mortgagebroker #changing #weworkwithyou #portmoody #coquitlam #tricities #remote #planning. http://business.financialpost.com//new-mortgage-rules-/amp

A great read for all and please share with your friends and family Even more important to have a Mortgage Planner on your side! Message me for details. www.askjillian.ca... 1.778.995.5969 [email protected] http://www.rebgv.org/rate-hike-increases-mortgage-costs

A good Read on the Mortgage Qualification changes... Call us to find out how these changes are likely to affect you. Refinancing or Purchasing a home could become more challenging than ever. The new mortgage qualification rules are sure set to make some adjustments. The new regulations will make it harder to access the equity in your property, affecting what you qualify for, essentially giving you less. No the sky is not falling... but we need to be prepared. If your wanti...ng to do a debt consolidation, get your approval in hand asap to protect you from the new guidelines. 1.778.995.5969 [email protected] https://beta.theglobeandmail.com//ten-wa/article36628214/

New Mortgage Qualification rules are in effect as of January 1, 2018 All conventional or uninsured mortgages will have to qualify at the Bank of Canada 5 year fixed rate or the contract rate + 2%, whatever is greater. What does this mean? Speculations are suggesting you will simply qualify for approximately 20-25% less financing on a purchase or refinance. Lets say today you qualify for a $500,000 mortgage, January 1, 2018 it will drop to approx $375,000. If you are thinkin...g about purchasing or re-financing please get in touch with me. Sad to see the government is okay with consumers having HUGE unsecured credit card debt but is not okay with consumers investing in secured debt. Going to be a busy November and December With these changes ahead, its never been more important to have a Mortgage Planner at your side.. Call me to discuss. 1.778.995.5969 or [email protected]

Mortgage money is still at all time lows with rates in the high 2's to lows 3's. However the government doesn't seem to be done with us yet. If these new rules come to life In October this could be the biggest game changer for all current homeowners looking to borrow money in the near future. Are you thinking of refinancing for some renovations or investments? Maybe buying another property? Get in touch soon to review before this change happens. [email protected] 1.778.995.5969 http://business.financialpost.com//after-rate-hike-canadia