The government-backed Canada Mortgage and Housing Corp said on Thursday it would tighten rules for offering mortgage insurance from July 1, after forecasting declines of between 9  and 18 per cent in home prices over the next 12 months.

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Original Article Source Credits: CBC , https://www.cbc.ca/

Article Written By : Thomson Reuters

Original Article Posted on :  Jun 05, 2020

Link to Original Article:  https://www.cbc.ca/news/business/cmhc-rules-1.5599987