6/18/2019 | Posted in Home Buyers by Marti Philp
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The incentive will allow eligible first-time homebuyers who have the minimum down payment for an insured mortgage with CMHC, Genworth or Canada Guaranty, to apply to finance a ... More

Real Estate & Mortgage News

  6/13/2019 | Posted in Home Buyers by Marti Philp
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Three quarters of homebuyers in three of Canada's largest housing markets are not willing to take financial risks when buying a home, ... More

Real Estate & Mortgage News

  5/17/2019 | Posted in Home Buyers by Marti Philp
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The Conservative Party leader says he's "absolutely committed" to reviewing the rule. ... More

Real Estate & Mortgage News

  5/15/2019 | Posted in Home Buyers by Marti Philp
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Canada needs to be building more homes to meet demand which is greater than official figures suggest. ... More

Real Estate & Mortgage News

  5/7/2019 | Posted in Home Buyers by Marti Philp
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Young families in particular want strong transit links, short commute ... More

Real Estate & Mortgage News

  4/30/2019 | Posted in Home Buyers by Marti Philp
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If you’re considering a custom-built home, here’s everything you need to know. ... More

Real Estate & Mortgage News

  4/4/2019 | Posted in Home Buyers by Marti Philp
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Canada's housing agency says new spending measures aimed at helping first-time buyers afford homes won't push prices up more than a few tenths of a percentage point. ... More

Real Estate & Mortgage News

  11/30/2018 | Posted in Home Buyers by Marti Philp
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CMHC has published its financial report for the third quarter of 2018 which also reveals insights into this year’s homebuyers. ... More

Real Estate & Mortgage News

  10/4/2018 | Posted in Home Buyers by Marti Philp
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CMHC’s new guidelines that make it easier for self-employed borrowers to qualify for a mortgage came into effect on Oct 1. ... More

Real Estate & Mortgage News

  9/13/2018 | Posted in Home Buyers by Marti Philp
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Rising rents is making homeownership the affordable alternative according to a new report. ... More

Real Estate & Mortgage News

  9/4/2018 | Posted in Home Buyers by Marti Philp
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Here are some interesting data about Gen Zers and their homeownership plans and goals. ... More

Real Estate & Mortgage News

  7/20/2018 | Posted in Home Buyers by Marti Philp
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With detached family homes few and far between in Canada's major housing markets, these trends may leave new homebuyers in a lurch. ... More

Real Estate & Mortgage News

  7/19/2018 | Posted in Home Buyers by Marti Philp
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Canada Mortgage and Housing Corp. is making changes intended to make it easier for the self-employed to qualify for a mortgage ... More

Real Estate & Mortgage News

  7/5/2018 | Posted in Home Buyers by Marti Philp
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Toronto real estate may not be what it was one year ago, but it’s still a battle for home buyers. ... More

Real Estate & Mortgage News

  7/4/2018 | Posted in Home Buyers by Marti Philp
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There appears to be little relief in sight for Canadian homebuyers, especially first-time buyers, as affordability is likely to worsen. ... More

Real Estate & Mortgage News

  6/12/2018 | Posted in Home Buyers by Marti Philp
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Private lenders have doubled their share of Canadian mortgages since 2015. ... More

Real Estate & Mortgage News

  6/6/2018 | Posted in Home Buyers by Marti Philp
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York Region municipal councillors have proposed a municipal land transfer tax, but the CEO of the Ontario Real Estate Association is imploring them to consider the ... More

Real Estate & Mortgage News

  5/23/2018 | Posted in Home Buyers by Marti Philp
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A study out of Ryerson University warns of a severe housing shortage in the near future. ... More

Real Estate & Mortgage News

  5/16/2018 | Posted in Home Buyers by Marti Philp
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First-time home buyers already struggling with more stringent mortgage rules have been dealt another blow by an increase this week in the Bank of Canada’s five-year mortgage ... More

Real Estate & Mortgage News

  5/9/2018 | Posted in Home Buyers by Marti Philp
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The bar is now higher for homebuyers to qualify for mortgages in Canada after the central bank raised a key metric used in stress tests that determine borrowers’ ... More

Real Estate & Mortgage News

  5/1/2018 | Posted in Home Buyers by Marti Philp
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The Canadian Imperial Bank of Commerce says it will raise its five-year fixed-rate mortgage rate Tuesday by 15 basis points. ... More

Real Estate & Mortgage News

  4/15/2018 | Posted in Home Buyers by Marti Philp
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A recent survey conducted found that a growing proportion of Canadian homebuyers reported feeling pinched by the stress tests which came into effect January 2018. ... More

Real Estate & Mortgage News

  4/5/2018 | Posted in Home Buyers by Marti Philp
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The results of a fresh study conducted by Royal Bank of Canada showed that fully 32% of Canadians are likely to buy a home in the next two years (up by 7% from last ... More

Real Estate & Mortgage News

  4/3/2018 | Posted in Home Buyers by Marti Philp
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The still-rising prices of homes in many Canadian markets are making homeownership increasingly unaffordable and mortgages harder to secure. ... More

Real Estate & Mortgage News

  2/2/2018 | Posted in Home Buyers by Marti Philp
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The recent increases in interest rates appear not to have dampened the intentions of most Canadian home buyers. ... More

Real Estate & Mortgage News

  11/11/2017 | Posted in Home Buyers by Marti Philp
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Did you know that it’s actually less expensive to buy a home compared to a condo. ... More

Real Estate & Mortgage News

  10/20/2017 | Posted in Home Buyers by Marti Philp
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The newest set of mortgage restrictions announced by the OSFI will hit home buyers looking to upgrade to new properties the hardest, according to BMO financial group chief ... More

Real Estate & Mortgage News

  10/10/2017 | Posted in Home Buyers by Marti Philp
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Amid steadily rising mortgage costs, prospective home buyers should brace themselves for a less friendly purchasing environment in a few months’ time, although current home ... More

Real Estate & Mortgage News

  10/2/2017 | Posted in Home Buyers by Marti Philp
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The national housing agency is exploring ways to make it easier for entrepreneurs and new immigrants to buy a home by cutting some of the red tape required to prove they can ... More

Real Estate & Mortgage News

  9/29/2017 | Posted in Home Buyers by Marti Philp
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Sixty percent of Canadian homebuyers would exceed their budget to buy a home with more than half willing to smash it by $50K! ... More

Real Estate & Mortgage News