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Federal Government Announces Changes to the Qualifying Rates for Mortgages

May 21, 2021 | Mortgage Information, Uncategorized

Today the Office of the Superintendent of Financial Institutions (OSFI) announced it will move forward with a proposed new qualifying rate for uninsured mortgages, reinforcing the mortgage underwriting principles outlined in Guideline B-20. As of June 1, 2021, the...

Federal Government Announces Changes to the Qualifying Rates for Mortgages

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