Gormley - On Demand CJME / CKOM

Gormley - Carrie Cardinal - July 10th, 2023


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Ottawa has published new guidelines to allow mortgage lenders to give relief for Canadians with a variable rate or renewing their terms. These guidelines recommend several things, including waving penalty fees to alter mortgage terms and charging interest on interest. Carrie Cardinal is a Mortgage Broker in Regina and joins Gormley to discuss this can be a helpful move if lenders adopt the recommendations.
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