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…

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Tag Archives: Mortgage

Canadian Mortgage Spree

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How often are Canadians taking out mortgages at present? The mortgage spree that started during the pandemic is alive and well The annual rate of growth in the number of mortgages taken out by Canadians has reached its highest level in several years, per new data from the Canadian Bankers Association. Institutions associated with the [&hellip…

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Maximum Approved Mortgage

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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…

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CMHC changes underwriting

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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…

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