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17 Oct

THE IMPACT OF MORTGAGE RULE CHANGES

Mortgage Rules

Posted by: Jin Kim

THE IMPACT OF MORTGAGE RULE CHANGES

Tuesday, October 17, 2017

Posted by: Kristin Woolard
Dominion Lending Centres – Accredited Mortgage Professional

The mortgage rule changes that were passed by the Ministry of Finance in October 2016 are still having their effect one year later. Higher qualification requirements and new bank capital requirements have split the industry into two segments – those who qualify for mortgage insurance and those who don’t. Mortgages that qualify for mortgage insurance Read More