416-925-9191 Tiffany Sly, Sales Representative, Chestnut Park Real Estate Limited, Brokerage

"I would definitely recommend Tiffany and her team for anybody looking to sell their home in Toronto."

Heath

Chestnut Parks number three team

Mortgage Info

Jan
31
2011

New Mortgage Rules Illustrated

Source: The Globe and Mail, January 21st, 2011 While the effective elimination of the 35-year mortgage could diminish housing prices, economists say it’s not possible to calculate the degree of dampening with any certainty.  That’s in part because some homeowners take long mortgages initially and then change the terms later, paying more than required in […]

Jan
17
2011

Federal Government Changes Mortgage Financing Rules!

Source: TREB, January 17th 2011 The federal government has announced changes to mortgage financing rules for government-backed (insured) mortgages (less than 20 per cent down payment), which will affect maximum amortization periods, mortgage refinancing, and home equity lines of credit.

Feb
16
2010

New Mortgage Rules

Source: Jeremy Torobin and Bill Curry, The Globe and Mail, Tuesday Feb. 16th, 2010 Finance Minister Jim Flaherty today announced tighter lending standards for mortgages, saying that while the housing market is “healthy” the moves are needed to “help prevent negative trends from developing.” Under the new rules, all borrowers will need to meet standards for […]

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