Real Estate – Page 25 – Boomer & Echo

New Mortgage Rules For Canadians

By Robb Engen | January 17, 2011 |

This morning Finance Minister Jim Flaherty will introduce new mortgage rules designed to reduce Canadians’ high household debt levels.

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Changing The Way We Think About Mortgages

By Robb Engen | November 3, 2010 |

Personally I don’t believe that spending only 2.5 times your gross salary on a house is even close to being realistic anymore. Even 2.5 times gross salary on your mortgage seems like a stretch.

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