Friday Mortgage Round Up: February 10th, 2012
Mortgage News / Mortgages

Friday Mortgage Round Up: February 10th, 2012

Making headlines this week was Canada Mortgage Housing Corporation’s (CMHC) announcement that they are approaching the $600-billion cap set by the federal government (I would guess so considering they were backing nearly $541-billion in mortgages by the end of 2011). The main driver is an unexpected level of requests for portfolio insurance by lenders. Continue reading »