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new cmhc rules

New rules for buyers: Breaking down revised CMHC rules

If you’re looking to buy a house this year, you might be facing some new CMHC rules… In response to COVID-19’s affect on all aspects of the Canadian economy, CHMC (Canadian Mortgage Housing Corporation) is changing the underwriting policies for new insured mortgages and introducing new CMHC rules. CMHC expects that housing prices will fall…

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