CMHC’s Evan Siddall Addresses B-20 at National Mortgage Conference Oct 31st

Mortgages in Canada can be a murky subject – one that we hope to shed some light on with a series of highly informational articles.
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New Rule Targets HELOC Holders Seeking a Second Mortgage + MORE Nov 9th

The word is out on a little-known policy used to qualify anyone with a HELOC who is applying for additional financing. Several of the Big Six banks have already adopted the policy, which requires applicants to prove they can afford the theoretical monthly HELOC payment based on the limit of that HEL.... More »
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Housing slump? Recession? Not so fast… Nov 24th

Remember all those pessimists who were calling for a housing bubble or collapse? If you listened to them and rented for the past eight years, how much would you have lost? How much would your rent have increased since then? And would you still be able to rent that condo or house… or would you.... More »
 mortgage buyout

Mortgage risks fading thanks to higher rates, tougher rules, says Bank of Canada report Nov 15th

The lofty levels of household debt has been a key concern for the Bank of Canada as it gradually raises its trend-setting interest rate, which it has already hiked five times since the summer of 2017..... More »

The Latest in Mortgage News – Economic Growth & Housing Affordability Dec 3rd

The latest data released over the past couple of weeks are helping to provide a reading on how different jurisdictions in the country are faring when it comes to economic growth and housing affordability. The Conference Board of Canada’s latest Metropolitan Outlook, for example, breaks down re.... More »

Kerzner: Your Involvement is Vital to the Mortgage Industry Dec 6th

We are all learners; as parents, as students, as leaders, as employees. An important part of learning, for me, is reflection. We can only really grow and improve when we take a good, hard look at what’s working and what’s not.  My time has ended as Director of Ontario, and Executive Member of t.... More »
In what must have felt like walking into the lion’s den, CMHC head Evan Siddall addressed concerns about recent regulatory changes in front of a crowd of over 1,000 mortgage professionals on Monday. Siddall attended Mortgage Professionals Canada’s annual conference in Montreal, answering questions posed by President and CEO Paul Taylor. The discussion revolved around […]

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