New Canadian Mortgage Rules Kicked In on February 15th February 19, 2016 Share +1 Tweet Pin ShareShares 0Here 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 New Mortgage Rules to take effect on July 9, 2012 Sales Boosted By The Upcoming Mortgage Rules Change Tighter rules, which should prevent a US-style housing bubble in Canada, are about to take effect in the middle of March. Canadian Housing Prices Went Up In February 2011 The Canadian real estate market continued its slowdown in February as home sales dropped 1.6 per cent from the previous month. 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?