National Housing Market Shows Signs of “Moderate” Vulnerability, CMHC Says Sep 26th

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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Latest in Mortgage News: Toronto and Vancouver Home Sales Surge in September Oct 8th

The fall was supposed to herald in a period of more subdued housing activity and home price growth. But preliminary September data for the Greater Toronto and Vancouver areas tells a very different story. In the GTA, home sales reached a new record of 11,083, representing a 42.3% gain compared to Se.... More »
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How Canada’s Small Businesses Can Create Resilient Futures Oct 14th

.c-logo img { display: inline-block; } .single-article .wp-caption-text {  text-align: center; } Created by   Adam Kirsh, AVP Salesforce Canada Instead of ‘doomscrolling’ — otherwise known as obsessively checking social media for negative stories about the pandemic and .... More »

Incorporate Balance Transfer Offers into Your Arsenal Oct 20th

As mortgage professionals, we are sometimes asked to solve problems slightly outside the scope of our mandate. Naturally, we must take care not to position ourselves as tax experts, accountants or lawyers..... More »

Should you hold your mortgage inside your RRSP? + MORE Oct 2nd

Q. I currently own a house in Edmonton that is mortgaged, and looking to purchase a property in Vernon, BC, that I will eventually retire to. Until then, I am liking the idea of renting out that property to help support the additional mortgage.  I am wondering if it’s possible to transfer my exis.... More »
At the national level, Canada’s housing market showed “moderate evidence of overvaluation” in the second quarter, according to the Canada Mortgage and Housing Corporation. “The evidence of rising imbalances in some local housing markets coupled with the general weakening of housing market fundamentals results in a moderate degree of overall vulnerability being maintained for the Canadian housing market,” reads the agency’s Housing Market Assessment (HMA) released this week. The data covers up to the end of June, during the height […]

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