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.BACK TO NEWS FEED