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Canada's hot housing market was behind a 41.2% annual increase in new mortgages as of the first quarter, Equifax Canada reported.
Homeowners fearing sweeping measures that could have over-corrected the housing market likely breathed a sigh of relief on Monday after...
Canada's banking regulator has proposed changes that would strengthen the stress test applied to uninsured mortgages.
Canada’s bank regulator has announced it will restart a review of the stress test rate on uninsured mortgages. The Office...
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."
Watching Canada’s national average home price rise resiliently throughout the pandemic has been reassuring for many over the past year....
OSFI, Canada’s banking regulator, announced today it will start phasing out special regulatory capital treatment of deferrals given improving economic...
Evan Siddall, CEO of the Canada Mortgage and Housing Corporation, is calling on lenders and mortgage default insurers to tighten underwriting and qualification standards.
Obtaining mortgage insurance for a home purchase is about to become more challenging on July 1, particularly for first-time buyers....
The Department of Finance created shockwaves this week with its announcement that it will be revamping how insured mortgages are...