7/4/2018 | Posted in Foreign Buyers by Marti Philp
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Foreign ownership, speculation perceived to be the most influential factors according to a recent report by CMHC. ... 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

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  5/22/2018 | Posted in GTA Real Estate by Marti Philp
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Research from the C.D. Howe Institute released Tuesday revealed zoning regulations, development charges and housing limits in and around southern Ontario's Greenbelt have ... More

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  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 Canadian Housing Market by Marti Philp
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Almost six in 10 Canadian millennials are already homeowners, with more of this age group planning to buy a home in the next two years, according to a Genworth Canada survey ... 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

  4/30/2018 | Posted in First Time Home Buyers by Marti Philp
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The home-purchasing power of ‘peak millennials’ aged 25-31 has diminished by around $40,103 (16.5%) since the introduction of the OSFI stress test at the start of ... More

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  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

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  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

  1/22/2018 | Posted in Canadian Housing Market by Marti Philp
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Canada’s real estate market will hit a slow patch in 2018 as tighter mortgage stress tests apply pressure and the impact could be exacerbated if an expected interest rate ... More

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  12/8/2017 | Posted in Ontario Real Estate by Marti Philp
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With reduced buying power, house hunters will scoop these properties up ... 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

  10/18/2017 | Posted in Mortgages and Real Estate by Marti Philp
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OSFI has published its update for the tightening of mortgage lending regulations known as Guideline B-20 and set the date that it will apply.  ... More

Real Estate & Mortgage News

  10/11/2017 | Posted in Mortgages and Real Estate by Marti Philp
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A new stress test for all uninsured mortgages is unnecessary and could increase costs for homebuyers, a report by the Fraser Institute said Wednesday. ... 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

  9/19/2017 | Posted in Mortgages and Real Estate by Marti Philp
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Last year’s mortgage rule changes placed roadblocks in front of millions of would-be buyers, but increased rates and future regulatory action may prove even more difficult ... More

Real Estate & Mortgage News

  8/27/2017 | Posted in Home Buyers by Marti Philp
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Buying from plans requires careful attention and some people find it hard to visualize a room’s size strictly from written measurements, so bring a tape measure. ... More

Real Estate & Mortgage News

  6/30/2017 | Posted in Home Buyers by Marti Philp
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New study reveals Canadians born outside the country view home ownership as a major milestone. ... More

Real Estate & Mortgage News

  6/27/2017 | Posted in Ontario Real Estate by Marti Philp
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More first-home buyers in Ontario appear to be delaying their purchases in the wake of the province’s new policies intended to cool the red-hot housing market. At the same ... More

Real Estate & Mortgage News

  6/7/2017 | Posted in Home Buyers by Marti Philp
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Even after getting family help to make a down payment on a home, first-time buyers still worry about their financial situation, according to a new survey from the ... More

Real Estate & Mortgage News

  5/30/2017 | Posted in Home Buyers by Marti Philp
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Costly repairs could be awaiting homebuyers as a new survey shows that owners may be missing some important factors when renovating or carrying out maintenance. ... More

Real Estate & Mortgage News

  4/28/2017 | Posted in Mortgage Interest Rates by Marti Philp
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Here’s the least surprising news you’ll hear all day: Interest rates are not doing what most experts predicted. ... More

Real Estate & Mortgage News

  4/24/2017 | Posted in Home Buyers by Marti Philp
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Many millennials face the understandable apprehension that they may never be able to afford a home in a market that’s continually surging to new heights. ... More

Real Estate & Mortgage News

  4/12/2017 | Posted in Toronto Real Estate by Marti Philp
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Jack Mintz: If Premier Kathleen Wynne wants to score a big win with home-buying voters, why not get rid of the land-transfer tax altogether? ... More

Real Estate & Mortgage News

  3/20/2017 | Posted in Mortgages and Real Estate by Marti Philp
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With mortgage insurance premiums rising, homebuyers whose down payments are just shy of 20 per cent may be considering whether to tap extra sources of credit in order to avoid the ... More

Real Estate & Mortgage News

  3/17/2017 | Posted in Mortgage Interest Rates by Marti Philp
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The possible impacts of the U.S. Federal Reserve’s decision on March 15 (Wednesday) to raise its key interest rate from 0.75 per cent to 1 per cent should not be ... More

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