Highlights are listed here http://www.cbc.ca/news/canada/windsor/story/2012/03/29/federalbudget-flaherty-hilights.html

3 points of interest as it relates to our mortgage market from todays budget:

1. CMHC Limits & regulation

2. Framework of oppertunities to private companies to assist the mortgage market

3. Limiting the insurance products the bank can sell.

Here is the full link from the Financial Post

http://business.financialpost.com/2012/03/29/ottawa-to-toughen-cmhc-oversight/

Working with The Angela Calla Mortgage Team we work without bias to get the best suited mortgage for you and are always here to help with your mortgage questions email us directly at callateam@dominionlending.ca

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