OSFI has announced a slight change to rules surrounding readvanceable mortgages.
Canada's national housing agency its mortgage insurance volumes up on an annual basis, thank in part to its reversal on stricter underwriting guidelines introduced in 2020.
Now that home prices have started to fall from their February peak, the federal government is reportedly planning to introduce limits on its First-Time Home Buyer Incentive program to cover its downside risk.
In its first Annual Risk Outlook, OSFI identified several potential issues in the housing market and outlined plann
Heading into Thursday's federal budget, it was no secret that measures aimed at addressing housing affordability would figure prominently.
Ontario needs to build 1.5 million homes over the next decade, increase housing density and reduce red tape in order to address the province's affordability crisis.
Younger Canadians wanting to live in Canada's urban centres are going to have to get used to settling for smaller living spaces.
It's no secret that the federal government is eyeing reforms to investment properties in an effort to help reel in runaway house prices.
A new report backed by Canada's national housing agency is calling for a home equity tax on houses valued at $1 million and more.
As part of its annual review of the stress test for uninsured mortgages, the Office of the Superintendent of Financial...
