Real Estate Market After January 2018, After New Mortgage Rules

Monday Nov 27th, 2017


After January 1st, 2018, New Mortgage Rules will be enforced to put down 20% or over downpayments, the Buyer has to go through Mortgage Stress Test. Many people and also market Economic experts are saying Real Estate Market will further cool down. My stand on this new rule thing is opposite, Real Estate Market will go up, and my argument is based on Two Reasons: 1: As a New Home Buyer, I am putting my money in my savings to have down payment upto 20 % or over and after so much patience of... [read more]