Here’s how much house you can afford under Canada’s new mortgage rules.

Original article via Huffington Post. Click here to read.

It’s January 2018, prospective homebuyers, and you know what that means: The new mortgage stress test is in play.

But what you may not know is how much it’s going to impact your homebuying budget. Nor would you be alone: A new study from ReMax estimates that 37 per cent of Canadians aren’t aware of how the changes will affect their ability to purchase a property in the future.

 

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