New Down Payment Rules: Time to Exhale
![Morneau](http://www.canadianmortgagetrends.com/wp-content/uploads/2015/12/Morneau.jpg)
Finance Minister, Bill Morneau
If you’re trying to scratch together a down payment, or you sell mortgages for a living, today’s news could have been much, much worse.
The new down payment rules Finance Minister Bill Morneau announced this morning were as benign a policy change as one could hope for. This refers, of course, to the new minimum down payment...