ZENY MANINANG Sales Representative

ZENY MANINANG Sales Representative


New Mortgage Rules in Canada

With Canada’s new mortgage rules coming into effect on January 1, 2018, we want to help make sure you know how these changes may affect you. Our TD Mobile Mortgage Specialists are ready to help you understand and guide you through these upcoming changes.

What you need to know about the new mortgage rules in Canada

Whether you’re a buying a home or refinancing, here are the basics of what you need to know about the new mortgage rules:

New rules take effect January 1, 2018: 

Home buyers with a down payment of 20% or more will now be subject to stricter qualifying criteria (also known as a "stress test") that would determine whether a homebuyer would be able to afford their principal and interest payments should interest rates increase. This stress test would use either the 5-year benchmark rate published by the Bank of Canada or the customer's mortgage interest rate plus 2%, whichever is the higher.

New rules don’t apply if you’re renewing your Mortgage: The new rules only apply to new mortgage loan agreements. They do not apply when renewing your existing mortgage loan.

Featured Listing

807 - 30 Harding Blvd W,  N3992081, Richmond Hill,  for sale, , ZENY MANINANG, HomeLife/Bayview Realty Inc., Brokerage*

Welcome To The Prestigious "Dynasty" By Tridel. Upgraded 1375 Sqf Unit. Master Bedroom With Large Walk-In Closet And 4 Pc Ensuite, Large Solarium Ideal As Family Rm With Beautiful View.Renovated Kitchen,Upgraded Washrooms,Newly Painted .Parking Spot Close To Entry&Elevator*Well-Maintained Building, 24-Hr Security. Close To Library,Yonge ,Hillcrest Mall,Schools And Transportation.

View 807 - 30 Harding Blvd W

Featured Listing

27 - 1008 falgarwood Dr ,  W2596021, Oakville,  for sale, , ZENY MANINANG, HomeLife/Bayview Realty Inc., Brokerage*

Remarks For Clients: Beautiful 2-Story Townhouse In Move-In Condition. Central Oakville Location, Upper Level End Unit, 3 Bedroom, 2 Washroom, Bright Family Room In Upper Level Walk Out To Large Terrace Facing South, Engineered Flooring Throughout, Minutes To Go Station, 403, Sheridan College, Oakville Place & All Amenities. Extras: Fridge, Stove, Washer, Dryer, Built-In Dishwasher, Window Air Conditions (2), All Electric Fixtures, All Existing Window Coverings.

View 27 - 1008 falgarwood Dr

Featured Listing

1011 - 111 Bathurst St,  C3972907, Toronto,  for sale, , ZENY MANINANG, HomeLife/Bayview Realty Inc., Brokerage*

One Eleven Bathurst - Brand New Harhay Developments - 17 Storey Boutique Condominiums In Vibrant King W., Heart Of The Entertainment District. Stunning Carr Suite 1+Den East Clear View Unit.Hd/ Wood Floors. Features 9Ft. Ceilings,Many Luxurious Upgrades, Floor To Ceiling Windows, Deep Soaker Tub, Imported European Style Modern Kitchen. Numerous Local Amenities Including Shops,Restaurants & Transit.No Exposed Concrete Walls All Covered With Drywall.

View 1011 - 111 Bathurst St

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