Blog by Carol Lee

New Canadian Mortgage Rule - 30 Year amortization & 85% LTV, effective March 18, 2011

January 24th, 2011

Jim Flaherty, Minister of Finance announced prudent adjustments to the rules for government-backed insured mortgages.

Rules for amortization and loan to value (LTV), effective March 18th, 2011 are as follows:

• Reduce the maximum amortization period to 30 years from 35 years at high ratio (>80% LTV) 
• Lower the maximum amount Canadians can borrow in refinancing their mortgages to 85 p ...

505 2388 Douglas, Burnaby, BC

January 22nd, 2011

I just finished uploading this Condo for sale, 505 2388 Douglas, Burnaby, BC

Love where you live in this incredible 2 BR E Plan at Affinity, the latest north Burnaby condo development from Bosa, Vancouver's most recognized real estate developer. Affinity offers spectacular views, as well as Bosa's renowned quality, just steps to shopping, transit, parks, schools & more. This Burnaby community ...

202 2958 WHISPER Way, Coquitlam, British Columbia

January 22nd, 2011

I just sold this Condo at 202 2958 WHISPER Way, Coquitlam, British Columbia Westwood Plateau.

View this recently sold Condo or see all my home sales

http://leecarol.ca UA-3159409-1