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Inflation Milestone Canada

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Toronto Surpasses Vancouver

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Mortgages 101

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One in three Canadians struggles…

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Speculative Investors - 19% Of H…

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CMHC Calls for Surtax on $1M+

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CREA, Rising Home Sales, 2022

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Calgary housing complex begins

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Gen Z Affordability Hurdle

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Tag Archives: Mortgage

Mortgages 101

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Get your complementary Pre-Approval from aDiamondMortgage, here. Mortgages 101: What’s a mortgage and how to choose between fixed and variable rates in Canada? Selecting a mortgage is one of the biggest – and most stressful – financial decision made by many Canadians. But a clear understanding of a few basic terms and concepts can help allay some the [&hellip…

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CREA, Rising Home Sales, 2022

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Get your complementary Pre-Approval from aDiamondMortgage, here. Economists forecast rising home sales, prices in 2022 Most of Canada’s biggest mortgage lenders and its largest real estate groups are forecasting a robust housing market this year, with some seeing double-digit sale increases and sharp price hikes, despite rising lending rates and a shortage of homes for sale. CIBC, however, [&hellip…

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Residential Mortgage Credit Risk

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Get your complementary Pre-Approval from aDiamondMortgage, here. Residential Mortgage Credit Risk Has Risen “Only Modestly,” Says OSFI The head of the agency charged with overseeing Canada’s federally regulated lenders said Tuesday that residential mortgage credit risk has risen “only modestly.” Peter Routledge, head of the Office of the Superintendent of Financial Institutions (OSFI), made the comment during a [&hellip…

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