Our Blog

Category: Industry Trends (9 posts)

  • June 7, 2018 @ 1:30 PM
  • Posted by Marc Crossman

REFINANCING IN 2018

  Recently there were changes to the mortgage rules yet again, and one of the rule changes was regarding refinancing your home. At one point in the last 10 years you could refinance your home al

  • June 7, 2018 @ 1:21 PM
  • Posted by Marc Crossman

WHERE ARE MORTGAGE RATES GOING IN 2018?

    2017 was a year of change for the Canadian Mortgage Market. With the announcement of the B-20 guideline changes requiring all insured or uninsured mortgages to undergo stress testing.

  • January 17, 2017 @ 10:41 AM
  • Posted by Marc Crossman

Mortgage insurance premiums hiked once again

  CMHC announced early Tuesday it is increasing its loan insurance premiums effective March 17.“We do not expect the higher premiums to have a significant impact on the ability of Canadian

  • November 21, 2016 @ 11:09 PM
  • Posted by Marc Crossman

INTEREST RATES

Last week we touched on TD’s 0.15% move with existing variable rate mortgage clients. There is nothing new to add as TD remains the only lender to make such a move with variable rate client

  • October 26, 2016 @ 12:40 PM
  • Posted by Marc Crossman

MORTGAGE RULE CHANGES OH HOW TIMES HAVE CHANGED

  With the recent changes to the mortgage rules in Canada, we take a moment to look back at the evolution of the mortgage, and to highlight these new changes and what they mean.   LO

  • October 21, 2016 @ 11:39 AM
  • Posted by Marc Crossman

Bikes For Kids 2016

  Bikes for Kids was created by Dominion Lending Centres to provide underprivileged children with the joy of their first bike.  Since 2014, Bikes for Kids has helped raise and dist

  • October 3, 2016 @ 9:34 AM
  • Posted by Marc Crossman

KNOW HOW YOUR MORTGAGE IS REGISTERED

  Every mortgage secured by a property will be registered with the land title office.There are two ways your mortgage can be registered on title: Standard charge or collateral charge.  Not

  • January 9, 2016 @ 10:48 PM
  • Posted by Marc Crossman

Changes To Down Payment Requirements Coming February 15, 2016

On Friday, Finance Minister Bill Morneau announced changes to down payment requirements. Effective February 15, 2016, the minimum down payment for new insured mortgages will increase from five pe

  • September 30, 2014 @ 7:24 PM
  • Posted by

Canadian Housing Statistics and Data

CMHC annual reports and monthly updates contain current and historical data on housing in Canada — new construction, new home prices and sales, rental statistics and the demographics of housing