10 July 2013

Behind the headlineschanges to mortgage rules are affecting borrowers.

If you think that mortgage rules tightening implemented a year ago is over you might be surprised to find  that OSFI, CMHC and other government entities are working tirelessly to make mortgage approval process even tougher and stop housing market from price appreciations.

Recently CMHC has put together list of recommendations to be officially n place after Dec 31, 2013…

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