It's a result of the new mortgage rules announced by the federal government in the fourth quarter of 2016.

TORONTO — Canada's national housing agency said Wednesday that the 47 per cent decline in the country's insured mortgage market year-over-year in the third quarter is the "new normal level."

The Canada Mortgage and Housing Corp. said in its...

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The federal government is considering implementing additional mortgage tightening rules that could have an important impact on uninsured mortgage applicants.

 

We believe all Canadians should have access to housing that meets their needs and that they can afford. However, the Office of the Superintendent of Financial Institutions (OSFI) is proposing...

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