New data shows the country's youngest buyers are being affected most by the government's mortgage stress tests.
Mortgage originations wer... Read More...
I’ve said it before and I’ll say it again: finding the time to post regularly on social media is a huge challenge.
Keeping in front of cu... Read More...
National home sales are slowly recovering from their dip in February, but are still 10% below the highs reached in 2016 and 2017.
After r... Read More...
In a surprising but strategically sensible move, Brookfield has acquired a 57% stake in Genworth MI Canada, Canada’s largest private residen... Read More...
I recently had clients who were refinancing their mortgage completely reject a very attractive offering from one of the big chartered banks.... Read More...
The big news of the week was the Federal Reserve's interest rate cut, the first one since the financial crisis more than 10 years ago.
De... Read More...
South of the border, the Federal Reserve is almost certain to cut interest rates tomorrow for the first time since the financial crisis a de... Read More...
Following a huge run-up in prices over the last several years, housing has become very expensive in many of the country's key markets.
Ju... Read More...
The benchmark posted 5-year fixed rate, which is used for stress-testing Canadian mortgages, fell yesterday in its first move since May 2018... Read More...
Canada’s mortgage market grew by its slowest pace in more than 25 years in 2018, according to new data released by the Canada Mortgage and H... Read More...
The national housing market appears to be taking a breath after three consecutive months of improvement, according to the Canadian Real Esta... Read More...
Canada’s key lending rate remained unchanged for the sixth straight meeting today, with the Bank of Canada saying the country’s outlook is “... Read More...
While national housing affordability may be improving overall, the situation in the country’s most expensive housing markets remains “dreadf... Read More...
Thanks to tighter mortgage qualification rules and higher-priced real estate—particularly in the greater Vancouver and Toronto areas—it’s no... Read More...
