The Canadian government announced changes to mortgage rules on Monday aimed at making housing more affordable. These changes include raising the insured mortgage cap to C$1.5 million and extending the three-decade amortization period beyond first-time buyers of newly built homes.
on Monday announced changes to some mortgage rules as part of an effort to make housing more affordable, a critical political issue that has hurt Prime Minister Justin Trudeau and his Liberal government.said the government was increasing the cap on insured mortgages to C$1.
The structure of Canadian mortgages exposes most borrowers to rising interest rates and has fueled a housing affordability crisis that has been exacerbated by a record influx of immigrants.Mexico elects Claudia Sheinbaum as its first female presidentFederal government relaxes some mortgage rules to tackle housing crisisMenopause can bring on dental problems, but you can protect your mouth
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