Breaking Down the New CMHC Changes Effective July 1, 2020

Breaking Down the New CMHC Changes Effective July 1, 2020 UPDATE: Genworth and Canada Guaranty will not be adopting CMHC’s underwriting policy changes for insured mortgages. Effective July 1, the following changes will apply for new applications for homeowner transactional and portfolio mortgage insurance: So what does this all mean? Flex down mortgage will no longer be […]