Mortgage News: Amortization Changes & Interest Rate Update
January 20th, 2011
This week there were two mortgage related headlines that we wanted to communicate to you.
1. The Minister of Finance announced 3 changes to mortgage rules that will come into effect on March 18th, 2011.
2. Making less head lines than usual the Bank of Canada met and decided to keep the prime rate unchanged.
1. The Minister of Finance announced 3 changes to mortgage rules that will come into effect on March 18th, 2011.
2. Making less head lines than usual the Bank of Canada met and decided to keep the prime rate unchanged.
What does this mean to you?
Of the 3 changes announced by Jim Flaherty two are rel ...
Of the 3 changes announced by Jim Flaherty two are rel ...
