New Mortgage Rules Could Price Some Out of the Market
January 17th, 2011
Paul Vieira, Financial Post - Monday January 17, 2011OTTAWA - Tougher mortgage lending rules, as unveiled by Finance Minister Jim Flaherty on Monday, could add an estimated $100 a month in carrying costs for future homeowners - pricing some people out of the real estate market - and affect roughly 20,000 home sales in 2011, analysts say.Those rough estimates emerged after the government annou ...
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