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BOC on Economic Recovery

Bank of Canada delivers …

Buying vs. Renting: Study

Buying vs. Renting: Home…

Forfeiture of $2.8 million condo

BC seeks forfeiture of $…

Household debt exceeds $2.5T

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Housing Market Vulnerable – CMHC

Canada’s housing market …

Court Refuses Mortgage Penalty

Canada: Court Refuses To…

Raising The Maximum Insured Mort…

Canada Plans To Foster I…

Alberta Housing Market Improved

Alberta Housing Market R…

Trends - Mortgage Market

Top Risks and Trends in …

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Tag Archives: Mortgage

Court Refuses Mortgage Penalty

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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 general purpose of such a term is to provide compensation to the lender for the unanticipated time required to find another borrower of [&hellip…

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Raising The Maximum Insured Mortgage Size

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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 government may not seem like change, but they promised a big one — larger insured mortgages. High-ratio borrowers will see an increase of [&hellip…

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Trends – Mortgage Market

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Top Risks and Trends in Canada’s Mortgage Market From rising inflation and falling consumer confidence to changing real estate preferences, Canada’s mortgage market could be impacted on multiple fronts. Ben Rabidoux, a real estate analyst and founder of Edge Realty Analytics, recently participated in a webinar hosted by Mortgage Professionals Canada where he outlined some of the key [&hellip…

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