Wednesday, 29 December 2010
I've said it before and I will say it again -- the Government is going to tighten mortgage policy whether we like it or not. If you are considering a consolidation using a mortgage as a vehicle - do it NOW!!
Neil "Mortgage Man" McJannet
Prime Minister Stephen Harper hinted the government may adjust mortgage rules in 2011 to help Canadians avoid going deeper into debt.
“We’ve tightened mortgage rules before,” Harper told CTV during a year-end interview that aired on Christmas Day. “If we have to do that again, we will.”
Harper also committed to eliminating the federal deficit but will not use “slash and burn” cuts, particularly in the critical areas of health and education.
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