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Tuesday, October 17, 2017

Canada keeps hammering the housing market with new rules

New rules finalized Rules, not rates, are how the housing market is controlled in the future. In the past 6 months, it's been one new rule after another for Canadians. Today regulators financed a rule that would make borrowers qualify at 2 percentage points above the contract rate, even if they put 20% down.
Canada keeps hammering the housing market with new rules

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