Quote:
Originally Posted by Red
The government (taxpayers) insure these mortgages so I think he has the right to interfere.
My take is that if you are against government interference then I hope you didn't take the CHMC insurance.
And they wouldn't be able to offer you these low interest rates if the government didn't guarantee them so again, it's a two way highway.
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No, the CMHC doesn't insure these mortgages actually. These are 80% LTV and below.