Housing Agency Considers Making Policies More Equitable
In Canada, if you want to buy a home without a down payment of at least 20 percent of the purchase price, you will be required to get mortgage loan insurance. In order to receive…
Tag Archives: Mortgage
Rate Hike To Cause Interest Rate Increase
The U.S. Federal Reserve is increasing its rate by 0.25% again, and has indicated that another increase will come later this year. There is speculation that the Bank of Canada could do the same, and…
Potential Mortgage Fraud At Home Capital Group
After the Home Capital crisis, documents are surfacing and indicating that the Canada Mortgage and Housing Corporation have been aware of potential mortgage fraud at Home Capital. CMHC has already stated that this is a…
Mortgage Growth Slowed Down
Policy makers are stepping up to cool down Toronto’s and Vancouver’s real estate markets. As a result, banks are reporting that mortgage growth is beginning to slow down. Canadian mortgage growth is slowing as the…
Real Estate Market: Rent Or Buy
Switching from being a renter to a homeowner can be a hard decision to make, especially in the current market. Sure, it could be a great financial move, but it might not be for everybody.…