Canada's conservative nature means that we have a tendency to abide by the status quo, remaining committed to tradition and the processes that have historically... Read More...
Note: This editorial piece was previously published on RateSpy.com. It is being reprinted with permission due to the important and timely issues raised.
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Manulife officially entered the broker space two-and-a-half years ago to much fanfare. As a balance-sheet lender, brokers expected a wide array of balance-sheet... Read More...
OSFI is tightening mortgage lending again. But this time, it’ll be less impactful for consumers.
The banking regulator issued its final Mortgage Insurer Capi... Read More...
A few weeks ago, S&P said Canadian bank risk was rising, and it blamed mortgage brokers in the process.
The rating agency wrote:
“…The growing share o... Read More...
CMHC head Evan Siddall made a comment last fall that has credit unions worried.
"CMHC will be seeking data from securitization program participants on their ... Read More...
High borrowing rates are a relic.
Canadian regulators may soon force borrowers to qualify at interest rates two percentage points above the contract rate.
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Among external factors that affect housing markets, two are by far the most important and both are more or less directly controlled by the federal government.
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When Interest Rates Inevitably Rise…
In a new report on “household indebtedness and financial vulnerability,” the Parliamentary Budget Office (“PBO”) has pro... Read More...
By Dustan Woodhouse, Special to CMT
Regulators have made several changes to the mortgage market each year since the 2008 financial crisis. The most r... Read More...
