Canadian Mortgage Rule Changes

While much has been said about the mortgage rule changes announced by Ministry of Finance that will effect High Ratio Mortgage insured by CMHC. Not much has been said about the OFSI rule changes. OFSI is the Office of the Superintendent of Financial Institutions   (OFSI) this is the branch of the government that oversees the banks and provides them with their rules and guideline.

Canadian Mortgage Rate Changes

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: