Last week the Canada Mortgage and Housing Corporation (CMHC) announced several changes to its underwriting rules for mortgage-default insurance.CMHC CEO,.. Read More;
Last week the Canada Mortgage and Housing Corporation (CMHC) announced several changes to its underwriting rules for mortgage-default insurance.CMHC CEO,.. Read More;
Last week Bank of Canada (BoC) Governor Poloz delivered his final speech and press conference before passing the baton to,.. Read More;
Last week, Evan Siddall, CEO of the Canada Mortgage and Housing Corporation (CMHC), made a speech to our federal government’s,.. Read More;
I took the Victoria Day weekend off so there won’t be a new post this week. Instead, here are links,.. Read More;
Last Friday, Statistics Canada (Stats Can) confirmed that our economy lost another two million jobs in April, adding dramatically to,.. Read More;
I have been fielding a lot of calls lately from fixed-rate borrowers who are wondering if they could save money,.. Read More;
Most of the borrowers I speak with these days are surprised to learn that mortgage rates are higher now than,.. Read More;
The Bank of Canada (BoC) held its policy rate at 0.25% last week, as was universally expected.The Bank also released,.. Read More;
Last week we learned that our economy lost slightly more than 1 million jobs in March.Over that same period, another,.. Read More;
If you need a mortgage now and you don’t already have a commitment in place, a variable rate seems like,.. Read More;
Last week our economy slowed to nearly a halt as self-quarantined Canadians hunkered down to wait out the COVID-19 threat.Our,.. Read More;
The COVID-19 crisis added more tumult to the Canadian mortgage market last week.Lenders raised both their fixed and variable mortgage rates,,.. Read More;