New Canadian Mortgage Rules Kicked In on February 15th Like Google +1 Retweet February 19, 2016 Here is a great summary of the recent changes to rules about getting a mortgage in Canada. The changes came into effect February 15th, 2015. If you have any questions, don't hesitate to contact us or Carrie Davidson at For more information contact Carrie Davidson at You May Also Like New Mortgage rules to effect on July 9, 2012 The maximum Amortization period will be reduced to 25 years, down from 30 years Sales Boosted By The Upcoming Mortgage Rules Change Photo by Denis Jacquerye January resale numbers in Canada were highest in the last nine months, CREA reports. Toronto recorded the second highest ... Canadian Housing Prices Went Up In February 2011 Photo by Steve Hoang The Canadian real estate market continued its slowdown in February as home sales dropped 1.6 per cent from the previous ... Should you lock in your mortgage? These days everyone is in a state of anticipation: what's going to happen to the economy and the markets next?