Canada's banking regulator has proposed changes that would strengthen the stress test applied to uninsured mortgages. Read More
Canada’s bank regulator has announced it will restart a review of the stress test rate on uninsured mortgages. The Office... Read More
Economists from BMO have added their voices to those calling on policy-makers to take action to prevent a potential housing bubble due to prices going "parabolic." Read More
Watching Canada’s national average home price rise resiliently throughout the pandemic has been reassuring for many over the past year.... Read More
OSFI, Canada’s banking regulator, announced today it will start phasing out special regulatory capital treatment of deferrals given improving economic... Read More
Evan Siddall, CEO of the Canada Mortgage and Housing Corporation, is calling on lenders and mortgage default insurers to tighten underwriting and qualification standards. Read More
Obtaining mortgage insurance for a home purchase is about to become more challenging on July 1, particularly for first-time buyers.... Read More
The Department of Finance created shockwaves this week with its announcement that it will be revamping how insured mortgages are... Read More
The federal government announced on Tuesday it will be changing the benchmark qualifying rate used for Canada’s insured mortgage stress... Read More
After six long months of no changes to the big banks’ posted rates, TD Bank broke the ice on Tuesday... Read More