CMHC tightens mortgage insurance rules starting July 1
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.
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