UPDATE 1-Canada's mortgage insurer tightens rules as it forecasts home-price drop of up to 18%

The government-backed Canada Mortgage and Housing Corp said on Thursday it would tighten rules for offering mortgage insurance from July 1, after forecasting declines of between 9% and 18% in home prices over the next 12 months.

from Reuters: Company News https://ift.tt/30gvGI2
via IFTTT