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枫下家园 / 枫下觅巢 / Feds to tighten mortgage rules for homes over $500K
-tums(Summer);
2015-12-10(#9822787@0)+1
The federal government is expected to tighten mortgage rules on Friday in an effort to cool the red-hot housing markets in Toronto and Vancouver, CTV News has learned.
-tums(Summer);
2015-12-10(#9822792@0)
The new regulations will increase the minimum down payment required to buy a home for more than $500,000,
-corespeed(corespeed);
2015-12-10{159}(#9822821@0)
with portions beyond that amount requiring a 10 per cent down payment. The down payment on the first $500,000 will remain at five per cent.
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“The move is expected to take pressure off the Canada Mortgage and Housing Corporation (CMHC), which offers mortgage loan insurance for properties valued below $1 million”
-2yue(二月莺飞);
2015-12-10(#9822825@0)
Morneau denies his government is concerned about a housing bubble. "We are not fearing anything in particular," he said. "What we are doing is trying make sure we look at areas of the market that present potential risks."
-11118(无心快语);
2015-12-11(#9823769@0)+2