Ordinary Canadians turn bankers as shadow mortgage lending rises

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http://i.cbc.ca/1.3042821.1429650015!/fileImage/httpImage/image.jpg_gen/derivatives/16x9_460/hi-home-sale-jpg.jpg Canada's housing boom is increasingly driving homebuyers to seek mortgages from private lenders, who demand rates that can be more than five times higher than those charged by the nation's banks.


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