by bsmith | Jun 24, 2012 | Mortgages, Rant, Real Estate
Thursday morning the Government of Canada’s announcement, regarding changes to Government Backed Insured Mortgages, effective July 9th 2012. Amortization Period is REDUCED to 25 years for high ratio applications. Banks can continue to offer 30 year amortization on...
by bsmith | Jun 24, 2012 | How I View The World, Mortgages
I had the opportunity to participate in a curling bonspiel several weeks ago as part of a friend’s 50th birthday celebration. By all accounts this was a “friendly” competition, but the way the tournament was organized, no winner would be determined by wins alone. To...
by bsmith | Jun 24, 2012 | Mortgages
Changes to Canada Mortgage & Housing Corporation ( CMHC) Federal Finance Minister Jim Flaherty recently announced that the role of CMHC is under review and is now under the authority of the country’s banking regulator, the Office of the Superintendent of Financial...
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