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Tag Archives: CMHC

CMHC issues warning over borrowers falling into arrears

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Most homeowners who sought deferrals for mortgages last year have seen their deferral periods end, but the Canada Mortgage and Housing Corp. says the risk of these borrowers falling into arrears could re-emerge. The federal housing agency says in a report that more than 250,000 homeowners with mortgages insured by CMHC sought payment deferrals between last March [&hellip…

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Canada housing starts trend upward in January

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Housing starts across Canada trended upward last month, according to recent figures from the Canada Mortgage and Housing Corporation (CMHC). According to CMHC data, the standalone monthly seasonally adjusted annual rates (SAAR) of housing starts for all areas in Canada was 282,428 units in January 2021, an increase of 23.1% from December 2020. Read more: National [&hellip…

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New Affordable Rental Housing for Wetaskiwin Families

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NEWS PROVIDED BYCanada Mortgage and Housing Corporation  Feb 02, 2021, 11:00 ET WETASKIWIN, AB, Feb. 2, 2021 /CNW/ – Every Canadian deserves a safe and affordable place to call home. Thanks toinvestments made by the Government of Canada, residents of Wetaskiwin will soon have access to more stable rental housing options. Today, the Honourable Ahmed Hussen, Minister of Families, Children and Social Development [&hellip…

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