In this, the first episode of The Mortgage Den by Nick Da Silva, we dive into the new mortgage rules in Canada and explain how they impact homebuyers, homeowners, and investors. Joined by expert mortgage broker Nirvina Shamshudin, we break down key updates on the stress test, down payment requirements, and debt service ratios, along with changes affecting first-time homebuyers and investor properties. We also examine how those changes in mortgage rules may influence mortgage affordability, mortgage accessibility, and monthly payments while examining their potential impacts on the Canadian real estate market-from housing prices to demand and regional trends. Take expert advice and strategy to navigate these changes, whether you're a first-time buyer, refinancing, or working out your real estate investments.

Don't miss these must-know insights to make the right decisions in today's market with Northwood Mortgage Ltd. Listen to The Mortgage Den for all your mortgage news and updates on real estate in Canada!

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