Personal Revealing

Getting Abdullah Mohiuddin, entering the fresh new housing market involves more than just picking out the proper house for the right speed.

Like many other Muslims, Mohiuddin’s religion were constraints on using and obtaining interest. Once the a typical Canadian home loan boasts attract costs, it has got extra a supplementary difficulties in order to his journey to prevent leasing and move into a house he owns.

“Even when the appeal is very reasonable, even if the rate of interest is like 0.step one percent, if it’s more no %, after that we can not handle traditional banks,” told you Mohiuddin. Continue reading →