CMHC tightens mortgage insurance rules starting July 1

Author: ExTeRNaL AuThoR | | Categories: Auto Insurance , Business Insurance , Corporate Tax Saving Plan , Home Insurance , Insurance Agency , Insurance Services , Non-Medical Life Insurance , Registered Education Savings Plan , Registered Retirement Savings Plan , Super Visa Insurance

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 ,

Article Written By : Thomson Reuters

Original Article Posted on :  Jun 05, 2020

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