Canada: Court Refuses To Enforce Mortgage Prepayment Penalty Many Canadian mortgages have a prepayment term that imposes a penalty if the mortgage advance is repaid by the borrower before the maturity date. The…
Month: September 2021
Raising The Maximum Insured Mortgage Size
Canada Plans To Foster Its Real Estate Bubble By Raising The Maximum Mortgage Size Canada plans to increase credit access for the country’s riskiest borrowers in the years to come. A re-elected…
Alberta Housing Market Improved
Alberta Housing Market Registers Improved Conditions – Associations Stronger demand and activity have compensated for pandemic-induced market doldrums Despite pandemic pressures, major Albertan housing markets have been gradually moving towards more balanced…