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Mortgage Broker News | 26 Feb 2018, 11:51 PM Agree 0
In spite of B-20, HELOCs are on the rise and Canadians are still overleveraging themselves
  • Mike | 27 Feb 2018, 10:58 AM Agree 0
    The government isn't forcing people into debt, people choose to use their homes as atms and this is the result. Why do you think the government made it mandatory to stress mortgage rates? Because Lenders, brokers, and customers don't have the will to say, geeze, maybe I should be buying a 2000 sq ft house instead of a 4000 sq foot house. Buy less and save more, get used to it because that's the new reality, the sooner people realize it the better off they will be!
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