11/4/2024 | Posted in Mortgages and Real Estate by Sam Cuda & Nancy Cuda
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Canada's housing agency says risks remain in the mortgage market as over a million contracts are up for renewal next year while a growing share of new mortgages are being ... More

Real Estate & Mortgage News

  8/2/2024 | Posted in First Time Home Buyers by Sam Cuda & Nancy Cuda
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The Canada Mortgage and Housing Corporation (CMHC) has officially launched Home Start, a 30-year mortgage option for first-time homebuyers purchasing newly constructed homes. Will ... More

Real Estate & Mortgage News

  5/29/2024 | Posted in Mortgages and Real Estate by Sam Cuda & Nancy Cuda
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Canada Mortgage and Housing Corp. says the country’s total residential mortgage debt totalled $2.16 trillion as of February this year, up 3.4 per cent year-over-year and ... More

Real Estate & Mortgage News

  4/5/2024 | Posted in Canadian Housing Market by Sam Cuda & Nancy Cuda
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The Canada Mortgage and Housing Corp. is forecasting home prices could match peak levels seen in early 2022 by next year and reach new highs by 2026. ... More

Real Estate & Mortgage News

  4/4/2024 | Posted in Canadian Housing Market by Sam Cuda & Nancy Cuda
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Canadian homebuilders are expected to dial back new construction for a third straight year in 2024 as elevated borrowing costs reduce the appeal of starting projects, Canada's ... More

Real Estate & Mortgage News

  3/18/2024 | Posted in Canadian Housing Market by Sam Cuda & Nancy Cuda
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Canada Mortgage and Housing Corporation (CMHC) has reported an increase in the pace of home construction across the country. ... More

Real Estate & Mortgage News

  3/2/2024 | Posted in Home Buyers by Sam Cuda & Nancy Cuda
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The federal government has announced it will be discontinuing its First-Time Home Buyer Incentive (FTHBI) program as of March 21. ... More

Real Estate & Mortgage News

  6/20/2023 | Posted in Mortgages and Real Estate by Sam Cuda & Nancy Cuda
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Policymakers can take more concrete steps to alleviate consumer worries, national housing agency head says ... More

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Real Estate & Mortgage News

  3/26/2020 | Posted in Mortgages and Real Estate by Sam Cuda & Nancy Cuda
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Canada beefs up liquidity plan with expanded mortgage guarantee ... More

Real Estate & Mortgage News

  3/17/2020 | Posted in Canadian Economy and Housing Market by Sam Cuda & Nancy Cuda
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The Canadian government has announced a further measure to mitigate the impact of the COVID-19 crisis and to help maintain stability in the financial system. ... More

Real Estate & Mortgage News

  2/10/2020 | Posted in Canadian Housing Market by Sam Cuda & Nancy Cuda
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The national trend in housing starts essentially held steady in January. ... More

Real Estate & Mortgage News

  1/10/2020 | Posted in Canadian Housing Market by Sam Cuda & Nancy Cuda
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There was a decline in the 6-month moving trend in Canadian housing starts in December. ... More

Real Estate & Mortgage News

  12/10/2019 | Posted in New Developments by Sam Cuda & Nancy Cuda
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There were some slight increases but the 6-month trend was essentially unchanged ... More

Real Estate & Mortgage News

  10/9/2019 | Posted in Canadian Housing Market by Sam Cuda & Nancy Cuda
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The pace of housing starts nationwide in September was considerably slower compared to the August output, according to new data from the Canada Mortgage and Housing Corp. ... More

Real Estate & Mortgage News

  8/19/2019 | Posted in Ontario Real Estate by Sam Cuda & Nancy Cuda
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Real estate flipping in the Waterloo region is mostly committed by investors from the Greater Toronto Area, according to a new report by Canada Mortgage and Housing Corporation. ... More

Real Estate & Mortgage News

  7/21/2019 | Posted in Mortgages and Real Estate by Sam Cuda & Nancy Cuda
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The Bank of Canada's rate used by mortgage stress tests to determine whether would-be homeowners can qualify has dropped for the first time in three years. ... More

Real Estate & Mortgage News

  7/18/2019 | Posted in Mortgages and Real Estate by Sam Cuda & Nancy Cuda
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The Ontario Real Estate Association is calling for less stringent mortgage rules in a rebuttal aimed at the head of the Canada Mortgage and Housing Corp. ... More

Real Estate & Mortgage News

  7/17/2019 | Posted in Mortgages and Real Estate by Sam Cuda & Nancy Cuda
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An increasing number of homeowners turned to alternative lenders last year, while new mortgage growth reached its slowest pace in more than a quarter of a century amid government ... More

Real Estate & Mortgage News

  6/18/2019 | Posted in First Time Home Buyers by Sam Cuda & Nancy Cuda
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While more details about the First-Time Home Buyer Incentive were released this week, there remains a glaring problem. ... More

Real Estate & Mortgage News

  6/18/2019 | Posted in Home Buyers by Sam Cuda & Nancy Cuda
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The incentive will allow eligible first-time homebuyers who have the minimum down payment for an insured mortgage with CMHC, Genworth or Canada Guaranty, to apply to finance a ... More

Real Estate & Mortgage News

  6/13/2019 | Posted in Home Buyers by Sam Cuda & Nancy Cuda
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Three quarters of homebuyers in three of Canada's largest housing markets are not willing to take financial risks when buying a home, ... More

Real Estate & Mortgage News

  6/11/2019 | Posted in Canadian Housing Market by Sam Cuda & Nancy Cuda
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The trend in housing starts was 201,983 units in May 2019, compared to 205,717 units in April 2019, according to Canada Mortgage and Housing Corporation (CMHC). ... More

Real Estate & Mortgage News

  5/23/2019 | Posted in Financial Health by Sam Cuda & Nancy Cuda
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Canadian households continued to pile up debt in the fourth quarter of 2018 according to a new report from CMHC. ... More

Real Estate & Mortgage News

  5/9/2019 | Posted in Canadian Housing Market by Sam Cuda & Nancy Cuda
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On the national level, the housing starts trend went up in April, according to the Canada Mortgage and Housing Corporation’s latest report. ... More

Real Estate & Mortgage News

  5/2/2019 | Posted in Canadian Housing Market by Sam Cuda & Nancy Cuda
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For 1st time in 2.5 years, Canada Mortgage and Housing Corporation rates market as only moderately vulnerable ... More

Real Estate & Mortgage News

  4/4/2019 | Posted in Home Buyers by Sam Cuda & Nancy Cuda
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Canada's housing agency says new spending measures aimed at helping first-time buyers afford homes won't push prices up more than a few tenths of a percentage point. ... More

Real Estate & Mortgage News

  3/19/2019 | Posted in Canadian Housing Market by Sam Cuda & Nancy Cuda
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Budget offers an array of incentives aimed at first-time homebuyers, raises the limit on tax-free RRSP withdrawals. ... More

Real Estate & Mortgage News

  2/8/2019 | Posted in Canadian Housing Market by Sam Cuda & Nancy Cuda
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The country’s overall real estate market remains “vulnerable” despite an easing in overvaluation in cities like Toronto and Victoria in the third quarter, ... More

Real Estate & Mortgage News

  12/17/2018 | Posted in Canadian Economy and Housing Market by Sam Cuda & Nancy Cuda
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The prospect of interest rate hikes is particularly daunting for residents of Toronto and Vancouver—two cities with debt levels well above the national average. ... More

Real Estate & Mortgage News

  12/12/2018 | Posted in Canadian Housing Market by Sam Cuda & Nancy Cuda
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The trend in housing starts was 210,038 units in November 2018, compared to 206,460 units in October 2018, according to Canada Mortgage and Housing Corporation (CMHC). ... More

Real Estate & Mortgage News
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