Government of Canada makes changes

Minister Flaherty listened to industry experts to make changes today.  There will be little impact for responsible Canadians looking at home ownership.  He made a good decision by not changing down payment requirements as this would have hurt the housing market.  Rates will increase at some point in time and we all need to be prepared.  Here is today’s announcement.

http://www.fin.gc.ca/n10/10-011-eng.asp