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Month: January 2019

Kitchen

Canadian optimism flags further as 2019 starts

A significant proportion of Canadians are beginning the year with tempered expectations for the housing market and the national economy, according to the latest findings of the weekly telephone polling conducted by Bloomberg Nanos Canadian Confidence Index.

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Penny

More borrowers could be at banks’ mercy

“Yes, B-20 has prevented some clients from shopping around, because it’s possible they may not qualify under the stress test, but there are option options out there for clients up for renewal, which might better suit their lifestyles,”

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Conventional Mortgage

What Is A Conventional Mortgage?

A conventional mortgage is usually one where the down payment is equal to 20% or more of the purchase price, a loan to value of or less than 80%, and does not normally require mortgage loan insurance.

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