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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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