Mortgage Insurance and Your Borrowing Power

June 16, 2021 | Posted by: Donna van Lier-Grieve

As a Canadian homebuyeror homeowner, your borrowing power is impacted by a few factors. Recent changes to the lending policies annoounced by CMHC, The Bank of Canada's qualifying rate and your banks' Prime Rate and mortgage stipulations are all things to consider when thinking about purchasing a home.

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