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 ...
Posted by Rose Lopez-Frometa
on June 22, 2012