Mortgage Minute - What you need to know about the new Mortgage Rules for 2025

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In this episode we cover all you need to know about the recent changes with the Mortgages and How to be prepared for it.

The Key to a High Quality decision is Education and that's what we do

Recent Changes in the Mortgages:

- Bank of Canada Interest rate cut for 0.5 on Dec 11th and what to expect.

- New Mortgage Rules for Insured mortgages and minimum down payment requirement starting Dec 15th.

- 30 Year Amortization for first time home buyers

- Fixed vs. Variable rates for 2025

- Professional Advice for starting the pre-approval process to help streamline the process and minimize the stress.



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