�。ù宋挠勺》堪唇屹J款專家王紅雨編譯，中文僅供參考以英文為準(zhǔn)。此文來源www.5in.ca由BMO銀行資深貸款經(jīng)紀(jì)王紅雨先生授權(quán)本站全文轉(zhuǎn)載。）Q.為什么政府此時(shí)做出這些更改？Why is the Government making these changes at this time？
A.這些措施將會(huì)維持加拿大房屋和貸款市場的長期穩(wěn)定，并通過房屋所有權(quán)促進(jìn)儲(chǔ)蓄。此舉是及時(shí)的，有針對性且慎重的。這些措施將強(qiáng)化為借貸的負(fù)責(zé)任并用房屋所有權(quán)作為財(cái)富積累。政府積極監(jiān)控住房市場的發(fā)展，并致力于在必要時(shí)采取行動(dòng)。These measures will support the long-term stability of the Canadian housing and mortgage markets and promote savings through home ownership. They are intended to be timely， targeted and measured. The measures will reinforce the importance of borrowing responsibly and using home ownership as a savings vehicle. The Government actively monitors developments in the housing market and is committed to taking action when necessary.
Q.政府擔(dān)保貸款保險(xiǎn)的規(guī)則調(diào)整會(huì)對加拿大經(jīng)濟(jì)產(chǎn)生什么影響？What will be the impacts of the adjustments to the rules for government-backed mortgage insurance on the Canadian economy？
A.通過維持住房市場的穩(wěn)定和促進(jìn)儲(chǔ)蓄，這些對于政府擔(dān)保抵押貸款保險(xiǎn)規(guī)則的調(diào)整將為加拿大經(jīng)濟(jì)帶來顯著益處。由于多數(shù)加拿大家庭已經(jīng)采取了謹(jǐn)慎的態(tài)度管理家庭債務(wù)，預(yù)計(jì)對住房市場的短期影響將是可控的。長遠(yuǎn)來看，預(yù)計(jì)這些措施將提高的儲(chǔ)蓄，降低家庭財(cái)務(wù)的脆弱，并對經(jīng)濟(jì)產(chǎn)生積極的影響。The adjustments to the rules for government-backed mortgage insurance will provide significant benefits to the Canadian economy by supporting the stability of the housing market and promoting savings through home ownership. The short-term impact on the housing market is expected to be manageable， given that the majority of Canadian families are already taking a prudent approach in managing household debts. In the long term， these measures are expected to have a positive impact on the economy through higher savings and a lower number of financially vulnerable households.
Q.這些措施什么時(shí)候生效？When do these measures take effect？
A.新措施將于2012年7月9日生效。The new measures will take effect on July 9， 2012.
Q.預(yù)計(jì)會(huì)有進(jìn)一步的措施嗎？Are further measures expected？
A.政府積極監(jiān)控住房市場的發(fā)展，消費(fèi)者債務(wù)和經(jīng)濟(jì)的變化，并致力于在必要時(shí)采取行動(dòng)，以維持房屋市場的長期穩(wěn)定，保護(hù)加拿大家庭的投資。The Government actively monitors developments in the housing market， consumer debt and the economy， and is committed to taking action when necessary to support the long-term stability of the housing market and protect the investment of Canadian families.
Q.這些措施適用于多單元的建筑嗎？Do these measures apply to multi-unit buildings？
A.這些標(biāo)準(zhǔn)適用于4個(gè)單位或以下的住宅類物業(yè)的貸款。These standards apply to mortgages on residential property with four units or less.
Q.為什么政府再一次降低了對房屋再抵押貸款的批準(zhǔn)額度？Why is the Government lowering the limit on refinancing again？
A.此次發(fā)布的新措施將房屋再抵押貸款的最高額度由房屋價(jià)值的85%減少至80%。限制再貸款的額度將通過房屋所有權(quán)促進(jìn)儲(chǔ)蓄，并防止消費(fèi)債務(wù)轉(zhuǎn)移到由納稅人擔(dān)保的貸款。The new measure announced today will reduce the maximum amount on refinancing to 80 per cent from 85 per cent of the value of the home. Limiting the amount of refinancing will promote saving through home ownership and limit the shifting of consumer debt into mortgages guaranteed by taxpayers.
Q.為什么政府再一次減少了最長還款期？Why is the Government lowering the maximum amortization period again？
A.此次發(fā)布的新措施將最長還款期由30年減少至25年。減少最長還款期，將降低總利息支出，幫助加拿大家庭更快還清貸款。The new measure announced today will reduce the maximum amortization period to 25 years from 30 years. Limiting the maximum amortization period will reduce the total interest payments Canadian families make on their mortgages， helping them build up equity in their homes more quickly and pay off their mortgages sooner.
例如，還款期由30年減至25年后，每月還款額將略有增加，但這將降低總利息支出。對于一個(gè)利率為4%的35萬貸款，總利息支出將減少4萬5千以上。For example， reducing the amortization period from 30 years to 25 years on a mortgage would result in a moderate increase in the monthly payment. However， over the life of the mortgage， this modest increase would result in a significant reduction in the total interest payments. For a $350，000 mortgage at 4 per cent interest rate， the interest savings could be over $45，000.
Q.為什么政府降低了最大債務(wù)總額比率？Why is the Government limiting the maximum gross debt service (GDS) and total debt service (TDS) ratios？
A. GDS比率是家庭支出（如貸款月供，房產(chǎn)稅，暖氣費(fèi)用）與家庭收入的百分比。TDS比率是家庭支出和所有其他債務(wù)（如信用卡和車貸）與家庭收入的百分比。The GDS ratio is the share of the borrower’s gross household income that is needed to pay for home-related expenses， such as mortgage payments， property taxes and heating expenses. The TDS ratio is the share of the borrower’s gross income that is needed to pay for home-related expenses and all other debt obligations， such as credit cards and car loans.
新措施宣布將最高GDS比率設(shè)為39%并降低最高TDS比率至44%。這兩個(gè)比率標(biāo)準(zhǔn)已經(jīng)用于貸款和貸款保險(xiǎn)公司，以評估借款人的還款能力。設(shè)置GDS限制及降低TDS比率將有助于防止加拿大家庭債務(wù)的過度擴(kuò)張，減少易受經(jīng)濟(jì)沖擊的家庭的數(shù)量，或利率上漲帶來的壓力。The new measure announced today will set the maximum GDS ratio at 39 per cent and reduce the maximum TDS ratio to 44 per cent. These debt service ratios measure the share of a household’s income that is required to cover payments associated with servicing debt. Both measures are already used by lenders and mortgage insurers to assess a borrower’s ability to pay. Setting a GDS limit and reducing the TDS limit will help prevent Canadian households from getting overextended and reduce the number of households vulnerable to economic shocks or an increase in interest rates.
Q.為什么政府引入保險(xiǎn)按揭的最大允許房價(jià)？Why is the Government introducing a maximum allowable price for insured mortgages？
A.此次發(fā)布的措施將只對房價(jià)低于100萬加幣的房屋提供政府擔(dān)保的高借貸率貸款保險(xiǎn)。超過100萬加幣的房屋，借款人必須提供不少于房價(jià)20%的首付款。The new measure announced today will establish that government-backed mortgage insurance is only available for a new high loan-to-value mortgage if the home purchase price is less than $1 million. Because homes priced at or above $1 million would not be eligible for government-backed high ratio insurance， borrowers for these homes would require a down payment of at least 20 per cent.
對房價(jià)的限定，符合政府擔(dān)保的初衷，即，幫助工薪家庭和首次置業(yè)人士，因?yàn)檫@些家庭是需要支持和幫助的大眾。Introducing a maximum allowable price will ensure that government-backed mortgage insurance operates the way it was originally intended： to help working families and first-time homebuyers. This measure is expected to have a negligible impact on working families and first-time homebuyers as the vast majority of these borrowers purchase properties priced below the threshold.
Concerns about borrowers借款人的擔(dān)心Q.我已經(jīng)有了一個(gè)政府保險(xiǎn)的按揭貸款，會(huì)有什么影響嗎I already have an insured mortgage. How will these changes affect me？
A.沒有影響，即使到期后續(xù)約時(shí)也沒有影響。例如，到期時(shí)，只要不增加貸款金額，原定還款期為30年，3年后到期時(shí)，可按照還款期27年續(xù)約。Mortgage insurance is good for the life of the mortgage. Borrowers renewing their insured mortgages will not be affected by these changes. For example， if a borrower had a 30-year amortization and there are 27 years remaining on the mortgage， the mortgage can be renewed with a 27-year amortization， as long as no new funds are being added to the mortgage.
Q.新標(biāo)準(zhǔn)執(zhí)行時(shí)有什么例外情況可以考慮？What is required to qualify for an exception to the new parameters？
A.新標(biāo)準(zhǔn)7月9日生效。7月9日前如果已經(jīng)簽訂買賣房合同，或續(xù)約合同，將被視為新規(guī)則的例外。從6月21日至7月9日之間簽訂買賣合同并申請貸款的政府保險(xiǎn)貸款，如果實(shí)際放款日在2012年12月31日之前，也屬例外。The new measures will apply as of July 9， 2012. Exceptions will be made to satisfy a binding purchase and sale， financing or refinancing agreement where a mortgage insurance application has been made before July 9， 2012. While the changes come into force on July 9， 2012， any mortgage insurance applications received after June 21， 2012 and before July 9， 2012 that do not conform to the measures announced today must be funded by December 31， 2012.
Q. 7月9日之前簽訂的買賣合同，在7月9日前尚未解除合同中條件，且沒有得到保險(xiǎn)公司批準(zhǔn)的貸款，適用新規(guī)定嗎？Will a purchase and sale agreement dated prior to July 9， 2012 be considered binding if there are outstanding conditions that have not been fulfilled prior to July 9， 2012？
A.是的。如果7月9日前簽訂合同，但沒有在此前申請保險(xiǎn)公司批準(zhǔn)的申請，將適用于新規(guī)則；如果在7月9日前已經(jīng)申請，則不適用于新規(guī)則，即使買賣房合同尚有條件沒有解除。Yes， if the date on the purchase and sale agreement is earlier than July 9， 2012， and a mortgage insurance application has been made prior to that date， the new parameters will not apply， even if the conditions of the agreement have not been waived.
Q.再貸款申請，貸款金額超過房價(jià)的80%，是否可以延長還款期？Will the new refinancing rules allow a borrower with a mortgage above 80 per cent loan-to-value (LTV) to refinance by extending the amortization period？
A.不可以。7月9日起，再貸款最高金額限制在房價(jià)的80%以下，除非再貸款合同和保險(xiǎn)合同已經(jīng)在7月9日前簽署No. Effective July 9， 2012， borrowers will not be permitted to refinance a mortgage above an 80 per cent LTV， unless the borrower has a binding refinance agreement dated prior to July 9， 2012， and a mortgage insurance agreement has been made iprior to that date.
Q.我已經(jīng)得到銀行的預(yù)受信批準(zhǔn)，批復(fù)日期在7月9日之前，還款期30年。如果在7月9日前或之后沒有簽訂買賣房合同，是否適用30年還款期。I have a written mortgage pre-approval from a lender， dated before July 9， 2012 with a 30-year amortization. Will I still be eligible for a 30-year amortization if I don’t sign an agreement of purchase and sale until July 9， 2012 or later？
A.不可以。除非在7月9日前簽訂買賣房合同，并申請貸款保險(xiǎn)。你現(xiàn)在就可以與貸款銀行商議按照新的貸款標(biāo)準(zhǔn)重新審批預(yù)授信。No， a mortgage pre-approval without an agreement of purchase and sale is not sufficient to qualify for a 30-year amortization. You may have a 30-year amortization only if your agreement of purchase and sale is dated before July 9， 2012 and you have made a mortgage insurance application before July 9， 2012. You may wish to discuss with your lender to revise your mortgage pre-approval using the new parameters announced today.
Q.以前的政府擔(dān)保貸款，在轉(zhuǎn)銀行時(shí)，是否適用新標(biāo)準(zhǔn)？Will the new parameters apply to assignment (“switch” or transfer) of a previously insured loan from one approved lender to another？
A.不適用。只要沒有延長還款期而且沒有增加貸款金額，轉(zhuǎn)銀行時(shí)都不適用于新標(biāo)準(zhǔn)。No. As long as the loan amount and amortization period are not increased， the new parameters will not apply to a switch/transfer/assignment of the mortgage to a different lender.
Q.換房時(shí)，如果原房屋的貸款是保險(xiǎn)貸款，將原貸款余額帶入新房貸款時(shí)，是否適用新規(guī)則？If I sell my current home and buy another， will the new parameters apply if I transfer the outstanding balance of my insured mortgage to the new home？
A.只要原貸款是保險(xiǎn)貸款，貸款與房價(jià)的比例（loan to value ratio）以及剩余還款期不增加，轉(zhuǎn)貸款時(shí)不適用于新法。As long as the outstanding balance of the insured loan， the LTV ratio and the remainder of the amortization period are not increased， the new parameters will not apply when the mortgage insurance is transferred from one home to another.
Q.如果換房時(shí)，打算將原貸款帶入新房貸款，但需要增加保險(xiǎn)貸款的金額，適用新辦法嗎？What if I need to increase the amount of my insured loan when I sell my current home and buy another？
A.這種情況適用于新辦法。In this situation， the new parameters will apply for any insured loan.
Q.我買了樓花，兩年后才建成，適用于本辦法嗎？If I bought a condo that is not expected to be built for another two years， will the new parameters apply？
A.如果你已經(jīng)在今年6月21日前申請了保險(xiǎn)貸款，則不適用此辦法。If you bought a condo and have made a mortgage insurance application on or before June 21， then the new parameters would not apply.
如果是在6月21日之后申請保險(xiǎn)貸款，則適用于本辦法，除非在2012年12月31日之前發(fā)放貸款。If you buy a condo and make a mortgage insurance application after June 21， the new parameters will apply if the mortgage loan is not funded by December 31， 2012.
