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Blog by Barbie Whitworth

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Mortgage Rules are Changing

Welcome to the Homes On The Sunshine Coast Blog

 On March 18 the new mortgage rules go into effect:

*  35 Year Amortization NO longer available, maximum 30 year amortization
*  90% refinancing NO longer available, maximum 85% refinance option 

If your are currently in the market for a new home, it is very important that you check with your Mortgage Professional to determine how these changes may affect your plans.  Ask to be 'pre-qualified' now so that you can take advantage of the present mortgage options and have them hold it for you for a 90 day period.

Today is a great day to contact:
Erika van der Grinten
Mobile Mortgage Specialist
604.740.2694
erika.vandergrinten@td.com

The Sunshine Coast Real Estate market is very busy at this time.  If you are a buyer, get your finances in order and don't sit on the side lines and wait.  That house that you have your eyes on may not be available next month or next week, the time to act is now before someone else steps in front of you and has their offer accepted.

Shay and I are available to sit down with you and put together a plan for the purchase or sale of your home.  Call us today.

Barbie and Shay
Barbie 604 741.1239
Shay 604 989.9888

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