Evan Siddall, CEO of CMHC, recently released a letter to CMHC-approved Lenders that said, in part, “There is a dark economic underbelly to this business…
Category: Blog
Despite the havoc COVID-19 has wrought upon the economy, the dream of homeownership remains unmoved. In fact, more Canadians are now interested in purchasing a…
There may be no better feeling than closing on your first home. Over the last 10 years, first time homebuyers have seen the market change…
Which is Canada most likely to experience? You’ve likely heard of analysts using letters of the alphabet to describe the potential paths for Canada’s economic…
CMHC Makes Policy Changes – Genworth & Canada Guaranty Stay Put It came as a surprise to many mortgage industry insiders when the Canada Mortgage…
As we move into Spring, and as provinces across the country begin easing restrictions, The Canadian Real Estate Association (CREA) is hopeful that home sales…
Mortgages and interest rates are still talked-about topics in the current economic climate. Here’s a recap. In January 2020, just prior to the pandemic surfacing…
A lot has changed in the last few weeks, much of it unsettling. The current COVID-19 health crisis has created some level of uncertainty among…
We’ve had back-to-back changes recently in the mortgage world – one direct, one indirect. The benchmark rate used to qualify will change downwards starting April…
Buying a home is a big investment. With so much at stake, it’s important learn what you can about the homebuying process as well as…