25 June 2012

New mortgage rules implications – RBC viewpoint

All banks and analysts are discussing new mortgage rules
implications on Canadian housing market, today we will review RBC’s
opinion. According to RBC, the new rules will noticeably change the
situation. Starting 2008, the federal government has been removing all
the stimulus measures taken during 2004-2006 period. At that time Canada
faced a couple of new players in the mortgage insurance field and was
ready to practise some innovative methods…
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