Canadian Mortgages Affected by HST?

In two days the HST kicks in for BC and Ontario residents. Will this affect how people buy homes, get mortgages? I believe this will affect the new housing market initially,not the long term. As when GST was introduced years ago, people will adjust, builders will adjust and developers. In the end this is a major tax that will take some time to get used to and affect our personal buying decisions at the beginning. This should not affect mortgages as they have not been affected by the HST. As with everything time will adjust our attitudes.