Canada’s new mortgage and down-payment rules come into effect

From Global News.

Another federal initiative to improve affordability for Canadians took affect Sunday.

Previously announced changes to the country’s mortgage and down-payment rules aimed at easing the financial pressure for home buyers came into effect.

Candace Daniel has more.

For more info, please go to https://globalnews.ca/news/10915042/bank-of-canadas-rate-cut-mortgage-impact/

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