CMHC Increasing risk rating from "Moderate" to "Strong"
October 26th, 2016
Canada Mortgage and Housing Cor.(CMHC) recently warned about "High levels ofindebtedness coupled with elevated house prices."
CMHC is responsible to insure rusky mortgages such as mortgages with less than 20% down.
Please click the link below for more details.
http://www.bnn.ca/cmhc-to-issue-first-red-warning-for-canada-s-housing-market-1.586593