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5 Nov 2026
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What are the rules for mortgages in Canada? Key terms to know

Mortgages in Canada explained with FCAC and OSFI rules: minimum down payment of 5% on the first $500,000 and 10% above it, 20% at $1.5 million or more; insurance needed under 20% down with premiums of 0.6%-4.5%; banks st

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