3/31/2020 | Posted in Mortgage Interest Rates by Sam Cuda & Nancy Cuda
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Canada’s mortgage rates are creeping up even though the country’s central bank has slashed borrowing costs to combat the COVID-19 pandemic. ... More

Real Estate & Mortgage News

  3/18/2020 | Posted in Mortgage News by Sam Cuda & Nancy Cuda
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Canada’s largest banks are coordinating their approach to the COVID-19 coronavirus outbreak to protect their employees and customers. ... More

Real Estate & Mortgage News

  2/19/2020 | Posted in Mortgages and Real Estate by Sam Cuda & Nancy Cuda
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The Office of the Superintendent of Financial Institutions (OSFI) has announced that it is considering a new benchmark rate to determine the minimum qualifying rate for uninsured ... More

Real Estate & Mortgage News

  2/10/2020 | Posted in GTA Real Estate by Sam Cuda & Nancy Cuda
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Mortgage stress test forces homebuyers further outside GTA to find house they can afford. ... More

Real Estate & Mortgage News

  1/3/2020 | Posted in Home Buyers by Sam Cuda & Nancy Cuda
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Have you decided to purchase a new condo? Consider these things to ensure you understand your rights as a new home buyer. ... More

Real Estate & Mortgage News

  12/13/2019 | Posted in Home Buyers by Sam Cuda & Nancy Cuda
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Millions of Canadian millennials feel they may never be able to follow previous generations into homeownership according to a new survey. ... More

Real Estate & Mortgage News

  11/25/2019 | Posted in Canadian Housing Market by Sam Cuda & Nancy Cuda
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Canadians are satisfied with their homes and neighbourhoods but will probably not stay put according to a new survey. ... More

Real Estate & Mortgage News

  9/19/2019 | Posted in Mortgages and Real Estate by Sam Cuda & Nancy Cuda
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Great News for Canadians waiting for lower rates as the effects of shrinking global economy to hit Canada as well. ... More

Real Estate & Mortgage News

  9/6/2019 | Posted in Mortgages and Real Estate by Sam Cuda & Nancy Cuda
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Canada's mortgage market has been turned upside down, and it's giving borrowers an uncommon advantage, a new report suggests. ... More

Real Estate & Mortgage News

  8/10/2019 | Posted in Mortgages and Real Estate by Sam Cuda & Nancy Cuda
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The recent slowdown in Canada’s hottest housing markets is turning a corner and a potential new price boom is threatening to frustrate would-be buyers’ hopes. ... More

Real Estate & Mortgage News

  7/28/2019 | Posted in Mortgages and Real Estate by Sam Cuda & Nancy Cuda
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Strange Things: Canadians can now get a lower interest rate on a new mortgage by locking into a fixed rate, rather than opting for a variable rate. ... 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

  7/3/2019 | Posted in Canadian Economy and Interest Rates by Sam Cuda & Nancy Cuda
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The Bank of Canada will start cutting its key lending rate in October as annual economic growth slows to one per cent in 2020, according to Capital Economics. ... More

Real Estate & Mortgage News

  6/17/2019 | Posted in Mortgages and Real Estate by Sam Cuda & Nancy Cuda
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The Canadian mortgage market continues to suffer from the impact of lower home sales in major markets as the stress tests weaken homebuyers’ abilities. ... 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 Mortgage Interest Rates by Sam Cuda & Nancy Cuda
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Canadian mortgage rates have already tumbled in recent months and more discounts could be on the way for homebuyers, a according to a new forecast. ... More

Real Estate & Mortgage News

  6/11/2019 | Posted in Mortgages and Real Estate by Sam Cuda & Nancy Cuda
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Canada’s top federal banking regulator says a stress-test for uninsured mortgages is “working,” but that it is still keeping an eye on lending practices. ... More

Real Estate & Mortgage News

  6/7/2019 | Posted in Interest Rates by Sam Cuda & Nancy Cuda
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Spring is typically a busy time for home sales, so lenders are competing fiercely right now for new business — and that's adding up to record low rates for borrowers. ... More

Real Estate & Mortgage News

  6/6/2019 | Posted in Toronto Real Estate by Sam Cuda & Nancy Cuda
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Due to strong economic fundamentals Toronto’s housing market remains expensive. That’s one reason why this year’s list is dominated by neighbourhoods once ... More

Real Estate & Mortgage News

  5/22/2019 | Posted in Canadian Economy and Housing Market by Sam Cuda & Nancy Cuda
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Canada should hold off on changes to make homebuying more affordable but should speed up efforts to reduce trade barriers within its borders, advises the International Monetary ... More

Real Estate & Mortgage News

  5/17/2019 | Posted in Home Buyers by Sam Cuda & Nancy Cuda
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The Conservative Party leader says he's "absolutely committed" to reviewing the rule. ... More

Real Estate & Mortgage News

  5/15/2019 | Posted in Home Buyers by Sam Cuda & Nancy Cuda
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Canada needs to be building more homes to meet demand which is greater than official figures suggest. ... More

Real Estate & Mortgage News

  5/7/2019 | Posted in Home Buyers by Sam Cuda & Nancy Cuda
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Young families in particular want strong transit links, short commute ... More

Real Estate & Mortgage News

  5/6/2019 | Posted in Canadian Economy and Interest Rates by Sam Cuda & Nancy Cuda
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Goodbye, variable-rate mortgage. Everyone’s going fixed these days, and for good reason. ... More

Real Estate & Mortgage News

  5/1/2019 | Posted in Mortgages and Real Estate by Sam Cuda & Nancy Cuda
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The Canadian government should consider being flexible on its new mortgage lending rules because the impact has been longer-lasting and more significant than expected, ... More

Real Estate & Mortgage News

  4/30/2019 | Posted in Canadian Housing Market by Sam Cuda & Nancy Cuda
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For the foreseeable future, immigration will continue stoking the need for housing in Canada’s largest cities, according to RBC Economic Research. ... More

Real Estate & Mortgage News

  4/25/2019 | Posted in Mortgages and Real Estate by Sam Cuda & Nancy Cuda
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The self-employed are among the growing number of Canadians turning to private lenders in order to obtain a mortgage. ... More

Real Estate & Mortgage News

  4/16/2019 | Posted in Mortgages and Real Estate by Sam Cuda & Nancy Cuda
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CIBC economist says regulators need to revisit rules that have made it harder to get a mortgage. ... More

Real Estate & Mortgage News
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