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Daily Archives: December 19, 2018

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  4. 19

Treat Canadians like the responsible homeowners they are

MortgageBy North East MortgagesDecember 19, 2018

New mortgage rules put in place by the federal government to cool the housing market may be unnecessarily hurting homebuyers who are more responsible than some regulators believe. North East Mortgages president Terry Kilakos said the rules around stress testing buyers are unnecessary because Canadian home-buyers aren’t over-leveraged and historically don’t go back on their…

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