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Mortgage News

Ottawa’s New Even Tougher Mortgage Rules

Jan 17th, 2011
by AchieveTheDream.
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The Department of Finance announced three changes to the Standards for High Ratio Mortgages in Canada.

OECD State of Canada May 2010

May 27th, 2010
by AchieveTheDream.
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The economy is rebounding vigorously from the recession trough, helped by a recovering trade sector and policy measures. The pace of recovery is projected to moderate going forward as policy stimulus is withdrawn, inventory rebuilding runs its course and households deleverage

Tougher Mortgage Rules Confirmed

Mar 10th, 2010
by AchieveTheDream.
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CMHC has confirmed and clarified the three changes to the Standards for High Ratio Mortgages in Canada. These changes affect High Ratio Mortgages Insured through CMHC and will most likely be adopted by Genworth and AIG as well. We have been waiting for confirmation and clarification on a few points related to the New Mortgage [...]

Ottawa’s tougher Mortgage Rules

Mar 10th, 2010
by AchieveTheDream.
Comments are off for this post

The Department of Finance announced three changes to the Standards for High Ratio Mortgages in Canada. These changes affect High Ratio Mortgages Insured through CMHC and will most likely be adopted by Genworth and AIG as well. We have all heard by now the February 16th announcement by the Finance Minister about the proposed Mortgage [...]

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