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OSFI consults on new benchmark rate for uninsured mortgages

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By The IJ Staff | Feb. 19, 2020, 2:59 p.m.
Flash | P&C Insurance | Home insurance | OFFICE OF THE SUPERINTENDENT OF FINANCIAL INSTITUTIONS (OSFI) | BANK OF CANADA | Investment 

Photo: Freepik

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The Office of the Superintendent of Financial Institutions has announced that it is considering a new benchmark rate for determining the minimum qualifying rate for uninsured mortgages.

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