UPDATE 1-Canada’s mortgage insurer tightens rules as it forecasts home-price drop of up to 18%
The government-backed Canada
Mortgage and Housing Corp said on Thursday it would tighten
rules for offering mortgage insurance from July 1, after
forecasting declines of between 9% and 18% in home prices over
the next 12 months.
Mortgage and Housing Corp said on Thursday it would tighten
rules for offering mortgage insurance from July 1, after
forecasting declines of between 9% and 18% in home prices over
the next 12 months.
Posted by Reuters
