New Mortgage Rules for January 2018

People have been asking me about the mortgage changes coming January 2018. Basically means the bank will qualify you for less,  about $100,000 to $175,000 less  based on your income. This will probably start MID DECEMBER. Now is the time to purchase or sell, if you're concerned

Banks Drop Prime Rate

Banks started dropping their prime rate, great for variable rate mortgages and lines of credits attached to the prime rate.