Turnkey business opportunity with excellent growth potential. Perfect for family business with lots of walk-in traffic and established routes with devoted clientele. Many recent equipment upgrades mean years of trouble-free operation. Business is ripe for someone to take to the next level and an excellent return while you grow.
It is going to become even harder this fall for new mortgage applicants to afford that dream home. As reported in the REW.CA news:
"Previously, the mortgage “stress test” introduced last fall only applied to those with insured mortgages, with less than 20% down payment, and required those new mortgage applicants to qualify at a much higher rate than the one they would actually be paying. This fall, OFSI is expanding this rule to require all new mortgage applicants to qualify at the higher posted rate (currently 4.64%), even if they have more than 20% down and an uninsured mortgage."
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