Report Finds First Time Homebuyers Are Not Taking on Too Much Debt
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Report Finds First Time Homebuyers Are Not Taking on Too Much Debt

A study by Canadian Association of Accredited Mortgage Professionals (CAAMP) which surveyed its mortgage broker members who issued more than 40K home mortgages during 2009 totaling $10B found that Canadians are borrowing less to purchase their new homes rather than more. The study was done after the Finance Minister, Jim Flaherty, and the Bank of … Continue reading »