Uninsured mortgages already require a minimum of 20 per cent down of a property’s value.
October 13, 2017 11:00AM
October 11, 2017 1:00AM
August 17, 2017 8:52AM
From 2000 to 2014, the maximum mortgage for the average family grew by 126 per cent.
May 20, 2015 2:30AM
January 12, 2011 2:00AM
In a year-end interview, Finance Minister Jim Flaherty noted, I find it just strange that I get some of the financial institutions telling me to mind my own business on regulatory matters and then we have some worries about the level of consumer debt, and the banks are saying the government needs to move in and tighten standards. The Ministers remarks followed calls by some bank CEOS for the government to tighten lending standards for residential mortgages such as a reduction in amortization periods.
February 8, 2010 2:00AM