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Canadian Housing Market: Regulator Eyes Tighter Mortgage Rules

Canada’s banking regulator has been gathering detailed mortgage information from financial institutions, in what could be a precursor to changes in the rules for home loans.The Office of the Superintendent of Financial Institutions OSFI has spent months considering a tightening of mortgage rules for lenders, a decision that’s being weighed as the housing market begins to pick up after a year-long slump.

via Regulator eyes tighter mortgage rules – The Globe and Mail.

 

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