CMHC Calls for Surtax on $1M+

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CREA, Rising Home Sales, 2022

: Despite headwinds, mos…

Calgary housing complex begins

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Gen Z Affordability Hurdle

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Misconceptions About Credit

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Bank of Canada, Omicron

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Canadian Banks Bonuses

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StatCan: Racial Borrowing Disadv…

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Mortgage Debt vs. Borrowing Acti…

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Residential Mortgage Credit Risk

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Tag Archives: Mortgage

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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Rate Hikes Predictions

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Get your complementary Pre-Approval from aDiamondMortgage, here. Scotiabank economist predicts eight rate hikes in next two years Current inflation is “not transitory at all” according to expert Taking current trends and inflationary pressures into account, the Bank of Canada will likely raise its benchmark interest rate four times in the second half of next year and another four [&hellip…

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