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Ottawa Not Rulling Out Further Reforms To Cool

Ottawa Not Rulling Out Further Reforms To Cool Canada’s Hot Housing Market Morneau not finished addressing hot housing markets: ‘There are clearly supply issues in … Vancouver and Toronto’ Finance Minister Bill Morneau says he recognizes supply issues are at least partly responsible for fast-rising housing prices in booming cities such as Toronto and Vancouver, and…

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Mortgage gap created by the posted rate

Mortgage gap created by the posted rate leaves homebuyers with a decision to make Call it the gap between what you have to pay and what you can afford to pay — it’s going to be considerable when you qualify for your next mortgage. Now the question is what should you do with that money? Ottawa…

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Toronto home prices may jump 25%

Toronto home prices may jump 25% in 2017 with cycle starting to mirror others that ended badly: TD Economics Toronto’s housing market is likely to stay strong for the rest of the year, with home prices jumping as much as 25 per cent, amid hints that speculators are fueling demand and posing a potential risk to…

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CMHC Fee Has Been Increased Effective From Today March 17,2017

How Much Does CMHC Mortgage Loan Insurance Cost? To obtain CMHC Mortgage Loan Insurance, lenders pay an insurance premium. Typically, your lender will pass these costs on to you. Your lender will give you the exact price when you apply for a mortgage. The CMHC Mortgage Loan Insurance premium is calculated as a percentage of the…

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