Happy New Year! We're in a deep freeze in Alberta and nothing better to do than get up on all the mortgage rules. You can also try the MPEMBA effect with the kids when you're done.
Peter Kinch on CTV explaining the new stress test on mortgages in 2018. HERE
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Another exceptional episode of the Canadian Mortgage Podcast is now live with our special guest, Peter Kinch! Check this out
he maximum gross debt ratio (GDS) is limited to 35% (down from 39%) and the maximum total debt service ratio (TDS) is now 42% (down from 44%). Check this out
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