Q & A On Government Changes
April 13th, 2010Q & A Government Regulatory Changes
New Qualifying Rate Rule Changes for both Conventional and Insured (CMHC/Genworth) Mortgages:
Do the new qualifying rate rules apply to both conventional and insured mortgages?
Yes. Similar to today, our policy will use the same qualifying rate rules for both conventional and insured mortgages
If I have a pre-approval prior to April 19th wil ...