About 49 per cent of all outstanding mortgages were uninsured at the end of last year, up from 36 per cent five years ago. And the housing market in Toronto, Canada’s biggest city, has abruptly slowed, with average prices plunging 14 per cent in March from a year earlier, the biggest drop since 1991.
The post Last resort lender keeping <b>Canadian</b> home buying dreams alive appeared first on Consumer-Mortgage.
source http://consumer-mortgage.com/last-resort-lender-keeping-canadian-home-buying-dreams-alive/
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