Canada Covid Mortgage Debt
Canadians piled on mortgage debt during COVID-19. Now economists fear a ‘significant’ correction in the market If you bought a home during the COVID-19 pandemic, chances are you took on more…
Buyers Shun FTHBI
Homebuyers Shun CMHC’s First-Time Home Buyer Incentive The federal government’s First-Time Home Buyer Incentive (FTHBI) was meant to offer a path to homeownership for those unable to tap the “Bank…
How the new mortgage ‘stress test’ will affect homebuyers
TORONTO — In an attempt to try and cool down the overheated housing market, the federal government is making it tougher to get a mortgage starting June 1. The new…