Pattie Lovett-Reid: What the new rules around uninsured mortgages mean for homebuyers

Author: External Author | | Categories: Mortgage Broker , Mortgage Services

Pattie Lovett-Reid Waiting for a real-estate market correction What you need to know.jpg

 It is not the first time and it won't be the last time the Office of the Superintendent of Financial Institutions (OSFI) changed up the qualifying rules for uninsured mortgages (i.e. residential mortgages with a down payment of 20% or more). 

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Original Article Source Credits:   CTV News , https://www.ctvnews.ca/

Article Written By:  Patricia Lovett-Reid

Original Article Posted on:  May 25, 2021 

Link to Original Article:  https://www.ctvnews.ca/business/pattie-lovett-reid-what-the-new-rules-around-uninsured-mortgages-mean-for-homebuyers-1.5440888



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