
The Canada Mortgage and Housing Corporation (CMHC) announced mortgage default insurance rule changes this week that will impact home buyers using their...
The Canada Mortgage and Housing Corporation (CMHC) announced mortgage default insurance rule changes this week that will impact home buyers using their...
This short video will shed some light on what a lender is looking for when they view your mortgage application and gives you three things that you should...
Here's a short video I produced to explain the changes to Canada's mortgage stress test that were announced on February 20, 2020, and take effect in April...
This yesterday from our friends at OneStreet Mortgage.
"Effective October 17, 2016, all insured homebuyers must qualify for mortgage insurance at an interest...
Knowing what’s inside your credit report is more than just a good idea, it’s an essential part of any prudent financial plan. Saskatchewan law...
I’ve just read “Assessing Vulnerabilities in the Canadian Housing Market,” a five-page report written by CIBC economist Benjamin Tal and...
The City of Cleveland is suing 21 mortgage lenders for damages that they claim to have incurred as a result of the U.S. sub-prime mortgage fallout. Cleveland...
There has been a fair bit of talk and speculation about how the U.S. “credit crunch” may impact Canadians and our real estate markets.
Doug Elliot, publisher of the Sask Trends Monitor newsletter is warning that consumer spending has “gone into some kind of bubble that’s going...
“While the Bank of Canada elected to leave its key lending rate unchanged at 4.25%, it will likely be the last time the central bank does so for a...
CNN runs a program on Saturday afternoons called Open House, which touches on topical issues surrounding homeownership. This week’s program carried...
The Canadian government has tabled legislation which, if approved, would allow consumers to purchase homes with a minimum down payment of just 20% without...
Update: In 2008 the Canadian government took action to eliminate 40-year mortgages.
Mortgage amortization periods of 40 years are now available in Canada...