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CMHC - Three key questions about the new mortgage rules

Posted by on June 16, 2014

'Why is Canada’s financial regulator releasing new mortgage insurance guidelines?
What will happen now?
Is this different from the new rules for mortgage insurers that former Finance Minister Jim Flaherty brought in?'
Quoted from Globe and Mail Article link below. Read the full details in their article link.

http://www.theglobeandmail.com/report-on-business/economy/three-key-questions-about-canadas-new-mortgage-insurance-rules/article17956565/

 

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