Now couldn’t be a better time to call
Metro City Mortgages…
The Canadian Association
of Accredited Mortgage Professionals (CAAMP) has released their
Annual
State of the Residential Mortgage Market in Canada Report and the findings are
a little staggering… “the
changes to mortgage insurance criteria are unnecessarily jeopardizing the
health of Canada’s housing markets and the broader economy.” as
stated by CAAMP chief economist Will Dunning, and notes that the opinions he
expresses are his own “and are strongly felt.”
The Globe and Mail posted an article
(see link below) that states “The CAAMP report suggests that more than 16
per cent of the high-ratio borrowers (that is, those with a down payment of
less than 20 per cent) who obtained a mortgage in 2010 would no longer qualify
if they had sought that same mortgage under today’s rules.”
Seeing these statistics and how they
may affect you, now is the time to call Metro City Mortgages! We will help you determine if your mortgage
is working for you and assist you with your goals for financial freedom. If
home ownership is in your future, allow Metro City Mortgages to guide
you through the process every step of the way!
Call us today, can you afford to wait?
