Gorgeous 1.5 Story in North End St Catharines
$259,000 | Call Ryan or Savannah for more info. www.st-catharines-real-estate.ca
Potential Changes to Mortgage Financing Rules
There is strong speculation the Canadian federal government may further tighten mortgage financing rules; in particular, raise down payment requirements and shorten amortization periods. This would make it more difficult for some Canadian families to realize the dream of home ownership and could have a detrimental impact on existing homeowners and the economy. Finance Minister Jim Flaherty said he is monitoring the situation, and will take action if needed.(yah right). Comments: