Canada keeps hammering the housing market with new rules - ConsultFX

Canada keeps hammering the housing market with new rules

New rules finalized Rules, not rates, are how the housing market is controlled in the future. In the past 6 months, it's been one new rule after another for Canadians. Today regulators financed a rule that would make borrowers qualify at 2 percentage points above the contract rate, even if they put 20% down. Copyright 2015 Forexlive.com