12/8/2017 | Posted in Ontario Real Estate by Ron Hyde
  SHARE

With reduced buying power, house hunters will scoop these properties up ... More

Real Estate & Mortgage News

  12/6/2017 | Posted in Mortgages and Real Estate by Ron Hyde
  SHARE

Consumers looking to consolidate debt currently have more buying power than they will next month, therefore rushing to refinance their mortgages before the new mortgage ... More

Real Estate & Mortgage News

  12/6/2017 | Posted in Mortgage Interest Rates by Ron Hyde
  SHARE

The Bank of Canada stuck with its trend-setting interest rate, but it offered fresh, yet cautious, warnings to Canadians that increases are likely on the way. ... More

Real Estate & Mortgage News

  12/4/2017 | Posted in Mortgages and Real Estate by Ron Hyde
  SHARE

The Bank of Canada has released its latest assessment of the financial system and has once again highlighted risk from mortgages. ... More

Real Estate & Mortgage News

  11/24/2017 | Posted in Mortgages and Real Estate by Ron Hyde
  SHARE

More than half of Canadians say they have good knowledge of debt management, yet many Canadians who hold a mortgage don’t believe they’re in debt at all. ... More

Real Estate & Mortgage News

  11/16/2017 | Posted in Mortgages and Real Estate by Ron Hyde
  SHARE

Canada’s housing agency is seeking more data on home loans from shadow lenders, amid concern rising levels of debt aren’t being adequately tracked and may increase the ... More

Real Estate & Mortgage News

  10/25/2017 | Posted in Mortgage Interest Rates by Ron Hyde
  SHARE

The Bank of Canada left its benchmark interest rate unchanged Wednesday following two straight hikes but suggested future increases are still likely, albeit at a more gradual ... More

Real Estate & Mortgage News

  10/18/2017 | Posted in Mortgages and Real Estate by Ron Hyde
  SHARE

OSFI has published its update for the tightening of mortgage lending regulations known as Guideline B-20 and set the date that it will apply.  ... More

Real Estate & Mortgage News

  10/11/2017 | Posted in Mortgages and Real Estate by Ron Hyde
  SHARE

A new stress test for all uninsured mortgages is unnecessary and could increase costs for homebuyers, a report by the Fraser Institute said Wednesday. ... More

Real Estate & Mortgage News

  10/10/2017 | Posted in Home Buyers by Ron Hyde
  SHARE

Amid steadily rising mortgage costs, prospective home buyers should brace themselves for a less friendly purchasing environment in a few months’ time, although current home ... More

Real Estate & Mortgage News

  10/2/2017 | Posted in Mortgages and Real Estate by Ron Hyde
  SHARE

Individuals who take out a mortgage tend to have higher credit scores, according to a recent report by the Canada Mortgage Housing Corporation. ... More

Real Estate & Mortgage News

  9/29/2017 | Posted in Mortgages and Real Estate by Ron Hyde
  SHARE

The latest poll by Forum Research Inc., which was conducted right after the Bank of Canada’s decision to increase its benchmark overnight rate to 1% earlier this month, ... More

Real Estate & Mortgage News

  9/28/2017 | Posted in Mortgage Interest Rates by Ron Hyde
  SHARE

Bank of Canada Governor Stephen Poloz could pause monetary tightening this year over concerns about the impact of higher interest rates for consumers holding record debts, ... More

Real Estate & Mortgage News

  9/24/2017 | Posted in Financial Health by Ron Hyde
  SHARE

Up to a million Canadians would struggle to cope with a 1 per cent rise in interest rates with 700,000 at risk from even a 0.25 per cent rise. ... More

Real Estate & Mortgage News

  9/22/2017 | Posted in Financial Health by Ron Hyde
  SHARE

Canadians’ appetite for borrowing does not appear to be waning any time soon, if the latest figures from the Bank of Canada are any indication. ... More

Real Estate & Mortgage News

  9/19/2017 | Posted in Mortgages and Real Estate by Ron Hyde
  SHARE

Last year’s mortgage rule changes placed roadblocks in front of millions of would-be buyers, but increased rates and future regulatory action may prove even more difficult ... More

Real Estate & Mortgage News

  9/12/2017 | Posted in Mortgage News by Ron Hyde
  SHARE

The number of Canadians who applied for a fixed-rate mortgage in August saw a substantial spike, with 59.31% of users on the LowestRates.ca website opting for a fixed-rate ... More

Real Estate & Mortgage News

  9/12/2017 | Posted in Financial Health by Ron Hyde
  SHARE

Canadian consumers can expect to feel some financial effects following the Bank of Canada's decision to raise the key interest rate. ... More

Real Estate & Mortgage News

  9/7/2017 | Posted in Mortgage Interest Rates by Ron Hyde
  SHARE

Canada’s big banks were quick to announce increases to their prime lending rates to 3.2% Wednesday. ... More

Real Estate & Mortgage News

  9/6/2017 | Posted in Mortgage Interest Rates by Ron Hyde
  SHARE

The Bank of Canada forged ahead with another interest rate hike in a nod to the country’s surging economy, while signaling its appetite for further tightening may be curbed ... More

Real Estate & Mortgage News

  9/1/2017 | Posted in Mortgage Interest Rates by Ron Hyde
  SHARE

The economy is growing at the fastest pace in 15 years and that has some analysts changing their calls for a Bank of Canada hike from October to next week. ... More

Real Estate & Mortgage News

  8/30/2017 | Posted in Mortgages and Real Estate by Ron Hyde
  SHARE

The market for insured mortgages has decreased due to new regulations introduced at the end of 2016. ... More

Real Estate & Mortgage News

  8/22/2017 | Posted in Home Buyers by Ron Hyde
  SHARE

A new report reveals Canadian sentiment about homebuying in Canada – including just how impactful the stress test might be. ... More

Real Estate & Mortgage News

  8/22/2017 | Posted in Mortgages and Real Estate by Ron Hyde
  SHARE

Finance Minister Bill Morneau says last October’s sweeping mortgage rule changes aimed at cooling Canada’s housing market have successfully dampened high-risk ... More

Real Estate & Mortgage News

  8/20/2017 | Posted in Mortgage Interest Rates by Ron Hyde
  SHARE

Mortgage rates are going up, according to a panel of experts. ... More

Real Estate & Mortgage News

  8/18/2017 | Posted in Home Buyers by Ron Hyde
  SHARE

A prolonged regime of low-interest rates along with a steady trend of rising incomes have more than doubled the amount that Canadians are able to ... More

Real Estate & Mortgage News

  8/16/2017 | Posted in Mortgage Interest Rates by Ron Hyde
  SHARE

The latest forecast from CIBC Capital Markets is for Canadian interest rates to increase again in December this year. ... More

Real Estate & Mortgage News

  8/14/2017 | Posted in Mortgages and Real Estate by Ron Hyde
  SHARE

New mortgages continue to grow in Canada, according to a new report. There were just over 1 million new mortgage loans funded in Canada last year — up 1.4% ... More

Real Estate & Mortgage News

  8/9/2017 | Posted in Mortgage News by Ron Hyde
  SHARE

The number of new mortgages continued higher in 2016 but the share of first-time buyers slipped, CMHC says. The crown corporation reports that there were just over 1 million ... More

Real Estate & Mortgage News