CMHC Increasing risk rating from "Moderate" to "Strong"

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Canada Mortgage and Housing Cor.(CMHC) recently warned about "High levels ofindebtedness coupled with elevated house prices."
CMHC is responsible to insure rusky mortgages such as mortgages with less than 20% down.

Please click the link below for more details.

http://www.bnn.ca/cmhc-to-issue-first-red-warning-for-canada-s-housing-market-1.586593
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