Canadian Mortgage Spree

How often are Canadians …

Maximum Approved Mortgage

Majority of Canadian Buy…

BoC’s Inflation Strategy

BoC’s Macklem outlines t…

Canada’s construction pandemic y…

How did Canada’s residen…

CMHC changes underwriting

CMHC changes underwritin…

Falling Lumber Prices

What falling lumber …

Nexus REIT Alberta Acquisition

Major REIT announces mul…

Canada Covid Mortgage Debt

Canadians piled on m…

Canada House Prices?

What will happen next wi…

Test-drive Your Mortgage

How to test-drive your m…

«
»
Social Media
Visit Us On TwitterVisit Us On FacebookVisit Us On Instagram

Category Archives: Underwriters

Underwriters Information

Maximum Approved Mortgage

  • Written by:

Majority of Canadian Buyers Borrowing Their Maximum Approved Mortgage Soaring home prices over the past year have forced a majority of today’s homebuyers to use the maximum mortgage amounts they’ve been approved for. More than 65% of recent buyers bought the maximum amount of house they could afford, according to the Canada Mortgage and Housing [&hellip…

Read more

CMHC changes underwriting

  • Written by:

CMHC changes underwriting practices on mortgage loan insurance Canada Mortgage and Housing Corp. is easing its underwriting criteria for mortgage loan insurance after changes it made last year were not effective and caused it to lose market share. The federal housing agency said Monday that it returned to considering a gross debt service ratio of up to 39% and [&hellip…

Read more

Canada Covid Mortgage Debt

  • Written by:

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 debt than those who bought one just ahead of the global crisis. The total number of mortgage purchases shot up in 2020, as buyers scrambled [&hellip…

Read more

Sections

Tools

About Us

Follow Us