What is the Canada Mortgage and housing Corporation?
I have been hearing a couple of things about the CMHC and was wondering who they are and what it is they do.
What impact do they have on whether or not I will be able to purchase a home?
- Canada Mortgage and Housing Corporation is Canada’s authority on housing and has been for more than 65 years. CMHC helps all Canadians meet their housing needs, they also contribute to the constancy of the housing market and financial system, they provide support for Canadians in housing need, as well as offer unbiased housing research and advice to Canadian governments, consumers and the housing industry as a whole.
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