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Updated about 7 years ago on . Most recent reply

User Stats

62
Posts
12
Votes
Jack Young
  • Investor
  • Prince George, British Columbia
12
Votes |
62
Posts

New Canadian mortgage lending requirements.

Jack Young
  • Investor
  • Prince George, British Columbia
Posted
I thought I might see a little more about the new Canadian mortgage rules and how it's effecting investors, I would imagine this is more an effect on the smaller investors but I also wanted to know how they were finding funding.

Most Popular Reply

User Stats

62
Posts
12
Votes
Jack Young
  • Investor
  • Prince George, British Columbia
12
Votes |
62
Posts
Jack Young
  • Investor
  • Prince George, British Columbia
Replied

That's great advice Roy and I do agree. I'm curious to know how investors are making their next move during the transition. Is the preference to stick with banks or are there other lenders out there giving competition as rates are poised to increase? What about other lenders in general?

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