Bank of Canada Cautions Against Adjusting Mortgage Regulations Amidst Economic Uncertainty

The Bank of Canada has issued a stark warning regarding potential modifications to existing mortgage regulations. This caution comes at a time when the housing market is showing signs of volatility, influenced by fluctuating interest rates and concerns about consumer debt levels. Central bank officials emphasize that any alterations to mortgage rules could have far-reaching impacts on the housing sector and the broader economy.

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