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Reminder: Down Payment Rules Change on February 15th, 2016

Posted on February 13, 2016
By Irina MarshallMortgage Real Estate
Mortgage changes 2016

Keep in mind that the minimum down payment for new insured mortgages will increase for homes above $500,000 on February 15th. Check out the new down payment requirements by home price below or contact me for more information!   On December 11th, 2015, Finance Minister Bill Morneau announced upcoming changes to the rules for government-backed…

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