The return of the financing condition…
Now that we have new mortgage rules, it is more important than ever before to include the financing condition in any offer or be otherwise prepared for the consequences. Pre-approvals […]
Monthly Archives: October 2016
How much will the new rules impact homebuyers?
A recent lender commentary hints at what sort of impact new mortgage rules will have on home buyers. Agents can glean some insight into just how much the new mortgage […]
Ottawa étendra les nouvelles règles hypothécaires
PRIMEUR– Ottawa a annoncé il y deux semaines qu’il resserrait à compter du 17 octobre les conditions d’emprunt pour les nouveaux acheteurs immobiliers n’ayant pas une mise de fonds de […]
1 million Canadians would struggle with interest rate rise
Up to a million Canadians would struggle to cope with a 1 per cent rise in interest rates with 700,000 at risk from even a 0.25 per cent rise. A […]
CMHC to give Canadian housing market a ‘red card’ warning
Canada’s housing market is in danger of a national affordability crisis and will be given a ‘red card’ warning by the CMHC. In its forthcoming Housing Market Assessment, the […]
Hypothèques : entrée en vigueur des nouvelles règles d’Ottawa
Tout nouveau prêt hypothécaire assuré doit maintenant faire l’objet d’une simulation de crise par le prêteur qui est plus rigoureuse que celle qui est actuellement appliquée dans de nombreux […]
The intended consequences of new housing policies
Finance Minister Bill Morneau announced a broad suite of initiatives on Oct. 3 to ensure that overheated housing markets do not compromise Canada’s economic growth. Canada Mortgage and Housing Corporation […]
It will soon be harder for your clients to buy a home
A wide-reaching policy change could force a boon in home sales in the short-term before causing a slight slowdown in various markets, according to one leading economist. “Clearly, it’s more […]
