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| News | Canada Mortgage and Housing Corporation Supports Canadian Credit Markets
OTTAWA, October 10, 2008 — Canada Mortgage and Housing Corporation (CMHC) will purchase up to $25 billion in insured mortgage pools as part of the Government of Canada’s plan, announced today, to maintain the availability of longer-term credit in Canada.
The first purchase of $5 billion will be made October 16, 2008 through a competitive auction process. The mortgages involved are high-quality assets that are already guaranteed through government-backed mortgage insurance. The ...
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|  | | Featured Listings |  $945,000
21771 RIDGEWAY CR
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West Vancouver, BC |  $270,900
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Grande Prairie, Alberta |  $304,900
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