cornwall real estate agent

How do the new mortgage rules in Canada affect me?

How do the new mortgage rules in Canada affect me

In recent years, there have been some huge changes to the mortgage rules that directly affect Canadian homebuyers. One notable change is the introduction of mortgage stress testing. This measure requires borrowers to qualify for a mortgage at a higher interest rate than the one they will actually be paying. The purpose is to ensure

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How will the interest rate hikes affect you when buying a home?

How will the interest rate hikes affect you when buying a home

With recent increases in borrowing costs in Canada, it’s crucial for homebuyers to be aware of the potential implications. Sophie Goudreau is an experienced and award-winning real estate agent in Cornwall, SDG, and Eastern Ontario. She understands that changes in interest rates will usually have a significant impact on the housing market. Sophie can provide

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