The federal government has announced changes to mortgage amortizations and insurance rules, calling them “the most significant mortgage reforms in decades.” But what do these changes really mean for new home buyers? And existing ones? Will they help with the affordability crisis, or focus more on accessibility?
The federal government has announced changes to mortgage amortizations and insurance rules, calling them “the most significant mortgage reforms in decades.” But what do these changes really mean for new home buyers? And existing ones? Will they help with the affordability crisis, or focus more on accessibility?
GUEST: Angela Calla, accredited mortgage professional and author of 'The Mortgage Code'