MORTGAGE RULES CHANGES – JULY 01 2020
Effective July 1, first time home buyers will be able to afford at least 10% less house! If you’re a first time home buyer, wanting to get into the market, act quick! The changes are the following: 1. Limiting the GDS/TDS ratios to 35/42 from 39/44, 2. Making sure at least 1 borrower has a […]