Mortgage

Mortgage

CondoBusiness

Federal policies have negative impacts on housing markets: Report

Federal policy changes made with the intent to cool housing prices and demand continue to impact housing markets across Canada, according to a new report.
home prices affordability Q4-2018

CondoBusiness

Home ownership more affordable than renting: report

According to a new Mortgage Professionals Canada report, the soaring cost of rent is making home ownership more cost effective, now and in the future.
home prices affordability Q4-2018

CondoBusiness

Larger mortgages a factor in higher home prices: study

Over the past 17 years, Canadians were able to qualify for larger mortgages due to declining interest rates and rising incomes, says the Fraser Institute.
rental housing loan fund

CondoBusiness

CMHC generates $338-mil in net income for Q2

CMHC’s recent Q2 financial results stated that during the last quarter, it generated $338 million in net income from its mortgage loan and other programs.
REMI

CondoBusiness

Report warns against tightening mortgage rules

In a report released June 28, Will Dunning, Mortgage Professionals Canada’s chief economist, warned against further tightening mortgage lending conditions in Canada, saying it would significantly
REMI

CondoBusiness

Canada modifies mortgage insurance rules

On Dec. 11, Finance Minister Bill Morneau announced changes to the rules for government-backed mortgage insurance in order to contain risks in the housing market,
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CondoBusiness

Household debt levels a cause for concern: report

A new report from the International Monetary Fund (IMF) is raising concerns about the stability of Canada’s housing market. According to the global economy forum, Canadian household debt levels are among the highest recorded in Western countries.
High-rise buildings

Canadian Apartment Magazine

Lending value versus market value

Differences between a building's market value and lending value can have a big impact on buyers.
Skyline Keys

Canadian Apartment Magazine

What to consider when financing a mortgage

What factors should borrowers consider when looking for mortgage financing? Peter Cook, assistant VP of commercial lending at First National Financial, offers his advice.