Latest Report from CMHC
News
from CMHC today: "Ottawa just announced new mortgage guidelines for
Canadian lenders today which Jim Flaherty says are designed to curb
household debt. Maximum amortization is now 30 years, down from the 35
year max established in Oct. 2008". (Effective March 18th, 2011)
Take advantage of the old guidelines while they still exist!
This entry was posted on January 17th, 2011
| Posted in General