January 17, 2019 - Biggest bank cuts benchmark rate by 15 basis points
Canada's biggest bank has cut its five-year fixed-term mortgage rate, a move that other banks are likely to try to match in short order.
Royal Bank edged the rate on its five-year...
September 04, 2018 - If keeping your various loans, lines of credit, bank accounts and a mortgage in order is becoming a herculean task, some Canadian financial institutions are touting a simple solution.
So-called all-in-one mortgages, sometimes referred to...
December 19, 2017 - Canadian real estate leverage has been an increasing concern, and it it’s growing. Filings from Office of the Superintendent of Financial Institutions (OSFI), the federal regulator for banks, show that loans secured by real estate showed...
December 14, 2017 - Don’t Fool Yourself, Canadian Banks Are The Real Winners By Stress Testing Mortgages
The Canadian real estate market is freaking out about stress testing new buyers. There’s a lot written on the impact on new buyers, but no one’s...
October 19, 2017 - Mortgage industry experts are pointing out that OSFI didn't regulate the length of the amortization used in the qualifying calculation
New rules designed to ensure that homebuyers in the uninsured mortgage market can withstand rising...
February 07, 2017 - by Jennifer Paterson - CanadianRealEstate
It is a cardinal sin for investors not to be prepared or knowledgeable about the home buying process, but new figures point out that a third (32 per cent) of first-time investors admit to just...