Mike Averbach of Averbach Mortgages discusses CMHC Rental Offset changes on CBC’s “The National”
July 5th, 2010 | by admin |
Mike Averbach and a couple of his clients were interviewed on CBC’s “The National” on April 19th. The story was about the new mortgage qualification rules that are now in place.
A lot of home buyers depend on rental income to help with their mortgage payments AND to help qualify for a mortgage. The rules have changed, making it more difficult to qualify for a mortgage. The difference will edge some buyers out of the marketplace.
Duration : 0:2:2
[youtube BoO_ZQ-afk8]