As reported Tuesday, Canada's bank regulator plans two changes to the capital requirements of banks and default insurers. They take effect November 1 and could limit the availability of fixed-payment variable-rate mortgages at banks.
According to industry executives we interviewed last week, here's the likely outcome.
Comments
Sign in or become a MortgageLogic.news member to read and leave comments.
Just enter your email below to get a log in link.