CMHC believes tighter rules improve housing market stability According to Canadian Mortgage and Housing Corporation (CMHC), stricter mortgage rules have significantly improved the stability of Canada’s real estate market, as default rates are still low and mortgage growth is slowing. This opinion coincides with the October...

Mortgage renewal rate hike is declining Decreasing mortgage rates during this year have led to a weaker rate increase shock for borrowers who renewed their mortgages. The recent report by the central bank says that while Canadian mortgage holders who face renewals still get a higher...

What are the main sources of pension financing most people rely on? The recent report by Canada Life shows that wealth released from property reached £2.8billion in UK this year, with 46% of it being used for paying off an existing mortgage. During the poll, 1,000...

Toronto real estate prices were up last month, while listings fell According to the Toronto Real Estate Board (TREB), the number of properties listed for sale in the biggest Canadian market was down again, leading to forecasts of possible prices growth. TREB says there were 15,375...

What to expect from Canada’s real estate market in 2020? Recently, Canada Mortgage and Housing Corporation (CMHC) released the largest available forecast for the national real estate market trends in 2020. According to CMHC, the following tendencies will affect the market mostly during the next two...