As a homeowner with a mortgage, staying updated on mortgage headlines is essential. I want to share with you a few of the top Canadian mortgage headlines of 2022.
Interest rates and economic uncertainty dominated headlines in 2022
Mortgage stress tests remain unchanged despite the housing market slowdown
Variable-rate mortgage holders with fixed payments have hit the trigger rate
Canada has announced regulations for the ban on foreign homebuyers
Tax-Free First Home Savings Account Announcement
Mortgage headlines continue to show up in the media. If you ever have questions or want more information, feel free to email me at mike@tmcweconnect.ca or call 780-960-5897. I continually seek new ways to assist my clients and want to be a reliable source for all your mortgage needs. If there is anything I can help you with to achieve any home resolutions you may have this year, please don’t hesitate to reach out!