Mortgage rules squeeze Canada’s real estate markets into hot...

Posted on January 15/2018 by

Canadian real estate ended 2017 strong as buyers rushed to beat the New Year’s coming mortgage rules. New mortgage rules were announced in the fourth quarter of 2017 in October. This gave prospective demand enough time to prepare before the market saw their implementation.

Toronto single detahced homes
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Standard rate hike likely next Wednesday

Posted on January 10/2018 by
Rate hike coming next week by the Bank of Canada

The Bank of Canada (BoC) will likely raise interest rates next Wednesday. This would be BoC’s third interest rate hike in less than a year.

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New mortgage rules [2018] Toronto real estate’s “real...

Posted on January 08/2018 by
new mortgage rules 2018

New mortgage rules hit the Canadian market on New Year’s day. The Office of the Superintendent of Financial Institutions (OFSI) implemented the new rules, which were detailed in an official report in Fall 2017.

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Big Mortgage Rule Change is Expected Soon!

Posted on October 05/2017 by

WARNING: Regulators are indicating the new Mortgage regulations are to be announced by the end of October and be in full force by January 2018. Currently, this rule is in place for High Ratio Mortgages (Less than 20% Downpayment).

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Few Tweaks by CMHC

Posted on June 23/2016 by

http://www.canadianmortgagetrends.com/canadian_mortgage_trends/2014/06/a-few-last-tweaks-by-cmhc.

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