Why CMHC's Upcoming Mortgage Application Changes Will Have Little Effect
"Simply put, the new rules aren’t a game-changer,” says Jerome Trail, owner and broker of record at The Mortgage Trail.
The rules Trail is talking about are the newly released changes the Canadian Mortgage Housing Corporation (CMHC) is making to its underwriting policies for insured mortgages.
Original Article Source Credits: Toronto Storeys , https://torontostoreys.com/
Article Written By : Toronto Storeys
Original Article Posted on : June 26, 2020
Link to Original Article: https://torontostoreys.com/cmhc-mortgage-application-changes-no-effect/