Lindsay W. is a young real estate agent living in Napanee looking to purchase her first home.

She’s been an agent for five years and has watched her income steadily increase to $65,000. She was on track for a mortgage approval at 2.64 per cent, but since mortgage changes pushed the qualifying rate to 4.64 per cent in October, she lost out on the home she wanted.

Even for someone in the real estate industry, Lindsay is disillusioned with the process given she was in good shape financially to qualify prior to the changes last fall.