Find us on Google+ Google+

Thursday, December 14th, 2017

Recent News

Canadian housing starts surge in November – CMHC

Housing starts for all areas in Canada stood at 226,270 units as of November 2017, according to new data from the Canada Mortgage and Housing Corporation (CMHC). This trend – which was a considerable increase... 

Read more of this article

CREA cuts 2017, 2018 forecast due to incoming tighter mortgage rules

The Canadian Real Estate Association says it has cut its home sales forecast for next year due to the impact of tighter mortgage regulations taking effect in the new year, which will erode affordability. The... 

Read more of this article

OSFI is reinforcing a strong and prudent regulatory regime for residential mortgage underwriting

http://www.osfi-bsif.gc.ca/Eng/osfi-bsif/med/Pages/B20_dft_nr.aspx   News Release For Immediate Release OTTAWA – October 17, 2017 – Office of the Superintendent of Financial Institutions... 

Read more of this article

HOW CREDIT AFFECTS YOUR LOAN APPROVAL

HOW CREDIT AFFECTS YOUR LOAN APPROVAL When you apply for a loan, lenders assess your credit risk based on a number of factors. Your credit score, as well as the information on your credit report, are key... 

Read more of this article

New Canadian banking rules called ‘game changer’ for real estate tax evasion

New Canadian banking rules that took effect July 1 are a “game changer” that could help governments in Victoria and Ottawa fight real estate tax scams exploited by foreign buyers, says a prominent B.C.... 

Read more of this article

INDEPENDENT LEGAL ADVICE – DO YOU KNOW WHO CAN GIVE IT TO YOU?

INDEPENDENT LEGAL ADVICE – DO YOU KNOW WHO CAN GIVE IT TO YOU? Independent Legal Advice – Do You Know Who Can Give It To You?First off, I’m sure some are saying what is Independent Legal Advice?... 

Read more of this article

WHAT DOES IT ACTUALLY MEAN TO CO-SIGN FOR A MORTGAGE?

WHAT DOES IT ACTUALLY MEAN TO CO-SIGN FOR A MORTGAGE? What Does It Actually Mean To Co-sign For a Mortgage?There seems to be some confusion about what it actually means to co-sign on a mortgage and you know... 

Read more of this article

Advice for Single Homebuyers

Advice for Single Homebuyers people, moving new place and repair concept – happy african american young woman with many cardboard boxes sitting on floor at home More than a third of first-time homebuyers... 

Read more of this article

New survey shows Canadians turning part of their homes into Airbnb units to cover their mortgage

Canadians facing ever increasing house prices — and debt — are turning to short-term rentals to make ends meet, according to a new survey. AltusGroup, which provides real estate research, said its FIRM... 

Read more of this article

RBC: Toronto and Vancouver housing affordability still at high-stress levels

Statistics on the housing market combined with monopoly houses.Monopoly and the housing market. Some plastic ‘monopoly houses’ (in red and green) are placed on some tables and graphics showing... 

Read more of this article

Read More Posts in Recent News

SEO Powered By SEOPressor
Turn off snow