FHA loans surge despite mortgage activity decline Sinking Mortgage Company Gets Lifeline from Lenders
Mar 19

OTTAWA, Ontario, March 19, 2008 — Canada Mortgage and Housing Corporation’s (CMHC) 2007 Mortgage Consumer Survey shows that 78 per cent of Canadians who recently purchased a new home intend to pay off their mortgage as quickly as possible, and many have already taken steps toward that goal.

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