Morneau not considering extending mortgage stress test to cover more lenders + MORE Jan 29th

Interested in learning more about property mortgages in Canada? Look no further!
Latest News
 home equity

CIBC’s Tal: “This is not a meltdown,” but expect short-term pain + MORE Oct 23rd

Despite softening origination activity, mortgage professionals should welcome the current "reset" to healthier market conditions..... More »

The latest in mortgage news: Half of borrowers concerned about mortgage renewals Apr 7th

Nearly half (47%) of Canadians buying or renewing a mortgage say they are concerned about qualifying for the amount they need..... More »
 loan

I need to lower my monthly mortgage payments. Is extending my amortization period a good idea? Nov 16th

An extra five years might not seem like much, but the difference can be startling, says one expert..... More »

MoneySense has a new look Apr 25th

We have exciting news: MoneySense has made some upgrades. The core of what we do will stay the same—we’ll continue to bring you high-quality content from the best financial experts in Canada—but we have a fresh new look. Why are we changing? We want you to have the best possible expe.... More »

Housing starts up 3% in January, but trade risks add ‘significant uncertainty’: CMHC Feb 20th

Canada Mortgage and Housing Corp. says the annual pace of housing starts in January rose three per cent compared with December, helped by strength in multi-unit starts in Quebec and B.C..... More »
Federal Finance Minister Bill Morneau says he is not considering imposing stress tests on private mortgage lenders.

Continue Reading On cbc.ca »

Morneau: No Stress Test for Private Lenders

– canadianmortgagetrends.com

Finance Minister Bill Morneau denied reports that his government is planning new regulations aimed at private mortgage lending. “I’m not currently considering any stress tests on private mortgage lenders,” he told reporters on Monday. “We’re always looking at the entire mortgage space to make sure we have a system that is providing the adequate protections […]

Continue Reading On canadianmortgagetrends.com »

Canada’s biggest bank says it regrets an error that caused it to mischaracterize some of its mortgages as being on an accelerated payment plan even though they were not.

Continue Reading On cbc.ca »

Share

PinIt
Compare insurance quotes through Kanetix.ca - save time and money!