Thursday, October 22, 2009

Is CMHC and the Government's low rate policy a recipe for disaster or just under appreciated?

An interesting opinion piece today in the National Post. Please click the link and have a read.

It seems you could take this news one of two different ways. Either that we are headed down the road to ruin due to poorly thought out policy decisions or that there's no better time to buy a home since it seems you'll be guaranteed an approval by the insurance agency.

You make the call. We look forward to your comments.

Here's the link:
http://www.financialpost.com/opinion/story.html?id=734ff73e-1f8c-4bfd-b3de-5e468913e8be

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