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Daily Archives: January 13, 2014

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New Mortgage Restrictions May Include 30-year Amortization in 2014

Posted on January 13, 2014
By Irina MarshallMortgage
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Canadian policy makers have used the United States’ housing market as a cautionary tale for our own benefit. To ensure Canadians don’t fall into the same dilemma, regulators have created new mortgage rules to limit housing risk since 2008. They have been great preventive measures to allow the Canadian housing market to remain stable. However,…

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