Genworth and Canada Guaranty Won't Adopt CMHC's New Mortgage Rules

Author: External Author | | Categories: Mortgage Broker , Mortgage Pre Approval , Mortgage Refinance , Mortgage Renewal , Renovation Financing , Rental Properties , Second Home Mortgage , Self-Employed Mortgage

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Following the announcement of CMHC’s new mortgage rules last week, Canada’s other two mortgage insurers, Genworth Canada and Canada Guaranty, confirmed Monday they will not be following CMHC’s lead.

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Original Article Source Credits:  CANADIAN MORTGAGE TRENDS , https://www.canadianmortgagetrends.com/

Article Written By : Steve Huebl

Original Article Posted on : June 8, 2020

Link to Original Article:  https://www.canadianmortgagetrends.com/2020/06/genworth-and-canada-guaranty-wont-adopt-cmhcs-new-mortgage-rules/



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