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Rising Interest Rates, New Mortgage Rules, and Variable vs Fixed Mortgages in Canada for 2023

Build Wealth Canada Podcast

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How to Qualify for a Higher Home Purchase Price Despite New Mortgage Rules?

There are three ways that you can potentially qualify for a higher home purchase price. First way is by co-signing on the property, which basically means like guaranteeing the mortgage payment for the lender and including their income there. Provincial credit unions don't have to follow these new mortgage rules. You only have to qualify at many cases just based on your mortgage rates.

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