One big bank has offered an explanation for why its prime rate doesn’t match the Bank of Canada’s overnight rate, but some industry players aren’t exactly sold.
One of Canada’s biggest banks made a bold prediction on Monday, but according to mortgage brokers, agents don’t have to plan for market hysteria just yet.
For the first time in over four years, the Bank of Canada has changed its target for the overnight rate, which may come as a surprise to agents and even their mortgage partners.
Agents in one major market are best served to prepare for sluggish housing price gains, according to one industry leader’s recent forecast.
Micro condos may be one of the biggest Canadian real estate trends on the horizon, but your clients may struggle to secure financing for these unique properties. One mortgage broker explains why.
A new website aims to help potential homebuyers make one of the most important decisions when buying a home – which neighbourhood to live in.
In a first for CMHC, the Crown corporation has asked property managers in its Rental Market Survey to disclose what percentage of units are owned by foreign investors.
Canada’s finance minister is in talks with provincial finance heads to discuss the country’s overvalued housing market.
CMHC insurance in force continues to decline after the crown corporation – and Canada’s largest mortgage default insurer – axed a number of its programs earlier this year.
CMHC forecasts gradually improving economic conditions in Canada in 2014 and 2015; though it also predicts a moderation in housing starts, according to its latest quarterly Housing Market Outlook report, released Wednesday.
Leading players in real estate and architecture will present the second biennial edition of Toronto of the Future
Changes reflect greater focus on advocacy and core member services, says CEO Tim Hudak
Blue Pearl Mortgage Group Inc. is expanding its footprint once again, this time with services in Ontario