Federal Government's new Mortgage Rules.
On June 21st Finance Minister Jim Flaherty unveiled the new Mortgage rules that took effect this past Monday July 9th. The LTV (Loan to Value)…
New Mortgage Rules March 18, 2011
Reduce the maximum amortization period to 30 years from 35 years for new government-backed insured mortgages with loan-to-value ratios of more than 80 per cent. This…
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