Big banks are tightening lending standards for real estate investors: mortgage brokers

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Big lenders are tightening their requirements for real estate investors, mortgage brokers say, which could further slow activity in places such as Southern Ontario where investor demand had driven up prices and sales.

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Original Article Source Credits: the globe and mail, https://www.theglobeandmail.com/

Article Written By RACHELLE YOUNGLAI

Original Article Posted on : MAY 14, 2020

Link to Original Article: https://www.theglobeandmail.com/business/article-big-banks-are-tightening-lending-standards-for-real-estate-investors/

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