4/8/2021 | Posted in Home Buyers by Sam Cuda & Nancy Cuda
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Canada's financial regulator, which has been planning changes in its four-year-old mortgage stress test, on Thursday proposed making it tighter, following concerns that the ... More

4/8/2021 | Posted in Home Buyers by Sam Cuda & Nancy Cuda
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Canada’s top banking watchdog is about to take another stab at overhauling its stress test on residential mortgages. ... More

9/28/2020 | Posted in Home Buyers by Sam Cuda & Nancy Cuda
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In light of the past six months of COVID-19-triggered uncertainty, home sales in Canada have been shockingly brisk as a combination of FOMO and low interest rates keep drawing ... More

8/12/2020 | Posted in Canadian Economy and Housing Market by Sam Cuda & Nancy Cuda
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The head of Canada’s housing authority implored the nation’s lenders to “reconsider” offering mortgages to highly leveraged households, saying excessive ... More

8/10/2020 | Posted in Mortgage News by Sam Cuda & Nancy Cuda
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Effective this week, it gets a little easier to buy a house or refinance. ... More

5/24/2020 | Posted in Home Buyers by Sam Cuda & Nancy Cuda
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The Bank of Canada is set to reduce its qualifying rate ten basis points, from 5.04 to 4.94 percent according a new report. ... More

5/16/2020 | Posted in Canadian Economy and Housing Market by Sam Cuda & Nancy Cuda
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Thanks to a reduction in some Big-Bank posted rates in recent days, Canada’s mortgage stress test rate will fall as early as next week. ... More

3/6/2020 | Posted in Toronto Real Estate by Sam Cuda & Nancy Cuda
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Toronto House Prices Jump By $130,000 In A Year As Industry Calls For 'Shovels In The Ground'. And now the Bank of Canada is putting "kerosene on the fire" with ... More

2/27/2020 | Posted in Mortgages and Real Estate by Sam Cuda & Nancy Cuda
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The proposed change to the federal mortgage guidelines that would reduce the stress test requirement for borrowers could adversely affect the credit risk of Canada’s big ... More

2/18/2020 | Posted in Mortgages and Real Estate by Sam Cuda & Nancy Cuda
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Ottawa changing stress test rate for insured mortgages starting April 6. ... More

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

2/5/2020 | Posted in Canadian Housing Market by Sam Cuda & Nancy Cuda
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The chief executive of the Bank of Nova Scotia says Canada’s housing market needs more supply, not a major change to the mortgage stress test. ... More

1/8/2020 | Posted in Mortgages and Real Estate by Sam Cuda & Nancy Cuda
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Royal Bank of Canada chief executive Dave McKay told a banking conference on Tuesday that the mortgage stress test has “generally been good ... More

11/6/2019 | Posted in Canadian Housing Market by Sam Cuda & Nancy Cuda
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Tighter mortgage regulations are making Canada’s housing market less risky, according to the government agency responsible for its oversight. ... More

8/24/2019 | Posted in Home Buyers by Sam Cuda & Nancy Cuda
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New data shows the country’s youngest buyers are being affected most by the government’s mortgage stress tests. ... 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

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

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

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

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

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

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

4/3/2019 | Posted in GTA Real Estate by Sam Cuda & Nancy Cuda
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Toronto Real Estate Board President Garry Bhaura announced that Greater Toronto Area REALTORS® reported 7,187 residential sales through TREB's MLS® System in March ... More

4/3/2019 | Posted in GTA Real Estate by Sam Cuda & Nancy Cuda
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A flattened real estate market in the Greater Toronto Area has the region's real estate board again calling for revisions to stricter mortgage stress tests. ... More

3/12/2019 | Posted in Canadian Housing Market by Sam Cuda & Nancy Cuda
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Here are four record-breaking phenomena that suggest we have reached a real turning point in Canadian real estate. ... More

3/10/2019 | Posted in Canadian Economy and Housing Market by Sam Cuda & Nancy Cuda
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Residential investment is falling, and that's a clear sign of hard times in Canada's economy, the Bank of Montreal says. ... More

3/3/2019 | Posted in Canadian Housing Market by Sam Cuda & Nancy Cuda
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The cost of rental housing jumped by the most in 30 years in January, according to Statistics Canada data. ... More

2/27/2019 | Posted in Canadian Housing Market by Sam Cuda & Nancy Cuda
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Here's what it takes to buy an average-priced home in Canada's major cities — and how choosing a 30-year mortgage would change that. ... More

2/26/2019 | Posted in Mortgages and Real Estate by Sam Cuda & Nancy Cuda
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Ten per cent of Canadians no longer qualify for a mortgage with banks. ... More


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