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	<title>Smart Canadian &#187; closed morgtage</title>
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		<title>Basics of Housing Mortgages</title>
		<link>http://smartcanadian.ca/2010/02/17/basics-of-housing-mortgages/</link>
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		<pubDate>Thu, 18 Feb 2010 04:44:04 +0000</pubDate>
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		<category><![CDATA[fixed rate mortgage]]></category>
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		<category><![CDATA[house financing]]></category>
		<category><![CDATA[mortgages]]></category>
		<category><![CDATA[open mortgage]]></category>
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		<description><![CDATA[The Canadian government has announced tightening of mortgage and financing rules beginning April 19th. The government has though declined to consider reducing the current maximum amortization period of 35 years and the minimum down payment of five percent of the value of the house. Here are some basic pointers to the different types of mortgages [...]]]></description>
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