Refinancing your mortgage can be an excellent source of financing to consolidate debt, complete a home renovation or to send your children to post-secondary education. In Canada, you can refinance your mortgage up to a loan-to-value ratio … Read More
Here are some stories that caught our eye this week: Ontario eases regulations to help financial startups thrive Ontario’s Minister of Finance, Charles Sousa, recently laid out a plan to help the province’s growing fintech sector. … Read More
Here’s what caught our eye this week: CMHC wants to make mortgage insurance accessible to immigrants and entrepreneurs The Canada Mortgage and Housing Corporation’s CEO, Evan Siddall, shared with the media this week that the organization … Read More
Here are some of the stories that caught our eye this week:
Canadians who plan on purchasing a home with a down payment of less than 20% will now have to pay larger mortgage insurance premiums.
The Canada Mortgage and Housing Corporation (CMHC) is increasing its homeowner loan insurance premiums later this year.
While Canada’s tumultuous real estate market is never a snooze, 2016 ushered in considerable change for buyers and sellers. A number of new policy changes, taxes, and regulations that altered affordability and expectations came into play … Read More
The Canada Mortgage and Housing Corporation (CMHC) has issued a red warning for the country’s housing market, raising its overall risk rating to strong from moderate as house prices climbed faster than income and population growth.
Watch out, homebuyers. When it comes to real estate risk, the government is on red alert. The Canada Mortgage and Housing Corporation (CMHC) announced this week that it will label the nation’s housing market with its … Read More
Homeownership seems to be a barometer of financial success for many Canadians. It’s not only a sign of wealth, but a milestone that many young people see as a turning point from supporting someone else’s future … Read More