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Government Changes Mortgage Rules

February 16, 2010

The Honourable Jim Flaherty, Minister of Finance, announced this morning that there will be changes made to the rules that regulate government-backed insured mortgages. The new rules will take effect on April 19th, 2010.


The changes are as follows (taken from the Government of Canada website):


To read more, visit the Government of Canada website or click HERE.

Check back tomorrow to watch our video blog on how this will affect you.

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