Siddall Launches Latest Volley in War of Words with the Mortgage Industry Jun 14th

Learn more about Canadian mortgage rates, rules and the latest news – read on!
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CMHC’s First-Time Home Buyer Incentive Falls Short of Expectations Jun 20th

The Canada Mortgage and Housing Corporation held an official announcement yesterday to release details of its First-Time Home Buyer Incentive (FTHBI). While officials reiterated how this shared-equity program will help young middle-class Canadian buyers, there were scant new details beyond what has .... More »
 home loans

Tips for Paying Off Credit Card Debt Jun 17th

Credit card bills got you down? That’s the trouble with paying with plastic. It is easy to spend, but not quite as easy to pay off the debt you accrue – especially if you are only paying the minimum each month. Carrying too much credit card debt can make it harder to get a loan for a house .... More »
For anyone who has been following the saga, it should be plainly obvious where Evan Siddall, head of the CMHC, stands on the mortgage stress test. In a recent editorial, we took an in-depth look at Siddall’s at-times passionate defence of stricter mortgage qualification rules. Part of that included public comments in which he accused […]

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