Calgary Real Estate - Changes to the Canadian Mortgage Rules

Visit http://www.kelleyskar.com| Video Blog by Calgary REALTOR® Kelley Skar| Today we saw a major announcement come from the Federal Government with more changes to the mortgage lending rules. These changes are not what a lot of people had speculated, that the amortization rate would be cut down to 25 years or that there would be an increase in the amount first time buyers would have to put down from 5% to 10%. I have outlined the three major changes here and give you a quick rundown of my opinion on these changes as well. Want to chat about the changes? Give me a shout 403-827-7527 or shoot me an email kelley@kelleyskar.com.

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