Bank Warns Against Mortgage Tweaks
This is a Toronto news story, published by Global News, that relates primarily to Carolyn Rogers news.
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•Bank of Canada official warns about dangers of ‘tinkering’ with mortgage rules - National | Globalnews.ca
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Carolyn Rogers delivered a speech Wednesday on the mortgage market to the Economic Club of Canada in Toronto .
The federal government recently announced it will increase the maximum amortization period for first -time homebuyers and buyers of new builds from 25 years to 30 years .
Rogers says improving housing affordability ultimately requires reaching a balance between supply and demand.
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