CMHC Financing

By / April 10, 2014 / News

CMHC Article-Toronto Star

This may start a mad dash to the Home Buying "finish line" to purchase a home before the rates change.  It may also encourage buyers, especially first time buyers to save more of a downpayment to avoid paying CMHC mortgage insurance.  What is important is that you purchase a home that you can afford and that should something such as the need to replace a furnace doesn't send you to defaulting on your mortgage.

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