Posts Tagged Canadian Housing Market

Government of Canada Moves to Protect, Strengthen Canadian Housing Market

Posted in Government and Big Brother • Tags: ,

The following News Release or Speech has just been posted on the Finance Canada Site.

Ottawa, July 9, 2008
2008-051

The Government of Canada today announced adjustments to the rules for government guaranteed mortgages aimed at protecting and strengthening the Canadian housing market. The new measures include:

* Fixing the maximum amortization period for new government-backed mortgages to 35 years;

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Posted on July 9, 2008 by HART (1-800-HART) • There are no comments, hop to it!