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New Changes With Canada's Mortgage Rules

      Canada's housing financing rules for government-backed insured mortgages are going to be adjusted once again. Yesterday Jim Flaherty announced that these changes are to help hard working Canadians to not become overextended. The 4 new measures below will take effect on July 9th, 2012. Since 2011, the current maximum amortization is 30 years which was ...
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