Canada Mortgage and Housing Corp. is making it easier to get federal mortgage insurance, reversing tougher rules that were imposed a year ago. The federal housing agency admitted to making a costly ...
Add Yahoo as a preferred source to see more of our stories on Google. New CMHC rules make it easier for some homebuyers to include rental income in mortgage application Changes to mortgage rules mean ...
New rules allow insured financing for factory-built homes and broaden modular eligibility across multi-unit programs ...
Maximum gross debt service ratio of 35 (from 39 previously) Maximum total debt service ratio of 42 (from 44 previously) At least one borrower must have a minimum credit score of 680 (from 600 ...
Canada Mortgage and Housing Corporation (CMHC) just made an important announcement that could have a significant impact on the housing market. CMHC insures mortgages issued by financial institutions ...
OTTAWA - Stricter lending rules continues to slow underwriting activity at the CMHC, and the taxpayers' exposure to a housing crash, the federal agency's second quarter report shows. Canada Mortgage ...
Phil Soper, CEO of Royal LePage, speaks with the Financial Post’s Larysa Harapyn about the CMHC’s new rules and their effect on first-time homeowners, as well as the effect of immigration restrictions ...
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