Real Estate News

Canada s mortgage insurer tightens rules as it forecasts home price drop of up to 18 percent

Image by mastersenaiper from Pixabay

TORONTO — 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 per cent and 18 per cent in home prices over the next 12 months.

Continue to read on:  Financial Post

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Heidi Sadeghi
Heidi Sadeghi
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