housing affordability Archives - Mortgage Rates & Mortgage Broker News in Canada

The Latest in Mortgage News: Half of Canada’s Big Housing Markets Are Unaffordable

Steve HueblSeptember 29, 2019

A new study of 15 major urban centres across Canada shows that housing unaffordability continues to be a major concern in nearly half of those markets. A med... Read More...

Mortgage Broker News4 min read

National Housing Affordability Improves (Minus Toronto and Vancouver)

Steve HueblJuly 5, 2019

While national housing affordability may be improving overall, the situation in the country’s most expensive housing markets remains “dreadful.” That’s accor... Read More...

Mortgage Industry Reports4 min read

Scheer Would Scrap Stress Test on Switches, Consider 30-Year Amortizations

Steve HueblMay 13, 2019

A Conservative win in the October federal election would mean an end to stress testing mortgage switches, as well as additional measures aimed at improving hous... Read More...

Mortgage Regulations2 min read

The Latest in Mortgage News – An Eye on Real Estate

Steve HueblMarch 29, 2019

A number of reports this month have provided some insight into the latest movements in Canada's housing market. New data shows that home sales and prices con... Read More...

Mortgage Broker News4 min read

Homeownership Rates in Canada Still Among Highest Globally

Steve HueblMarch 4, 2019

Despite housing affordability concerns across the country, homeownership rates in Canada remain among some of the highest in the world. As of 2016 (the most ... Read More...

Mortgage Industry Reports2 min read

The Latest in Mortgage News – Economic Growth & Housing Affordability

Steve HueblNovember 30, 2018

The latest data released over the past couple of weeks are helping to provide a reading on how different jurisdictions in the country are faring when it comes t... Read More...

Mortgage Broker NewsReal Estate News5 min read

Interest Rate Hikes Eroding Housing Affordability

Steve HueblJuly 5, 2018

After improving slightly late last year, housing affordability has now reached "crisis levels" in Vancouver and is posing a "tremendous challenge" in Toronto. ... Read More...

Mortgage Industry Reports2 min read