What do the new mortgage rule changes mean if you are buying or selling a home? The Toronto Real Estate Market has been a roller coaster ride this year. If you are looking to buy or sell in the relatively near future, the mortgage changes announced by the OSFI will affect everyone. To break things down, we are providing you a high level explanation of short and long term effects it might have on the market. How could it effect the market overall? FIrstly, there is no need to panic! We have seen widespread backlash about these changes, and while they might flat out suck for those who will we able to afford less come January 1st 2018, the rules are what they are. We will adjust to them as the