Winnipeg Home Buyers Facing Pressure

27th Feb 2017

New regulations for the Canadian housing market in 2017 are likely per a recent Reuters poll. Tougher borrowing policies are already putting pressure on Winnipeg home buyers. Last fall, new housing regulations expanded stress tests making it harder for nearly 20% of new home buyers to qualify for mortgages. New federal measures also tightened mortgage […]

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Overcoming the Challenges to Buy a Home in Winnipeg

15th Feb 2017

It’s a challenging time to buy a home in Winnipeg especially if you’re a first-time home buyer. The federal government implemented a more stringent mortgage stress test for new mortgages in October of 2016. The new rule change requires all new mortgage applicants to pass a mortgage rate stress test for insured mortgages regardless of the […]

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