Canadians Brace For More Changes To The Mortgage Market!
Canadians brace for more changes to the mortgage market. The dust has not settled yet on the last changes put in […]
Mortgage Market Collapsing in Canada
Is the Mortgage market collapsing in Canada? This is the question on everyone’s mind this week. If you have been […]
CMHC Raises Premiums Again
CMHC raises premiums again. Effective March 17th The Canadian Mortgage and Housing Corporation will be significantly raising rates. The media […]
National Home Sales End 2016 On the Upside
This morning, the Canadian Real Estate Association (CREA) released its December national real estate statistics showing home sales rose […]
Bank of Canada Maintains Overnight Rate
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/2 percent. The […]
CMHC Report Foreign Ownership Remains Low
CMHC Report: A new report was published today confirming that foreign ownership in Canada remains low. This confirms what we have […]
CMHC Recommends increasing Minimum Down Payment
CMHC recommended this week that the minimum down payment is increased. Evan Siddall CEO of CMHC gave a speech last week […]
TD Bank Raises Prime Rate To 2.85%
On the heels of the new mortgage policy changes and a recent announcement by the Bank of Canada to keep the key […]
Big banks win, alternative lenders lose!
Over the last few days, we have been covering news stories pertaining to the new mortgage rule changes that are […]
THE GHOST OF THE SUB PRIME MORTGAGE CRISIS HAUNTS THE FINANCE MINISTER
Written by VERICO Economist Michael Campbell: The Ghost of the Sub Prime Mortgage Crisis Haunts the Finance Minister By now […]