mortgage insurance
CondoBusiness
Canada modifies mortgage insurance rules
On Dec. 11, Finance Minister Bill Morneau announced changes to the rules for government-backed mortgage insurance in order to contain risks in the housing market,
CondoBusiness
Household debt levels a cause for concern: report
A new report from the International Monetary Fund (IMF) is raising concerns about the stability of Canada’s housing market. According to the global economy forum, Canadian household debt levels are among the highest recorded in Western countries.