Jessi Sandhu - Your Brampton Real Estate Agent
Uninsured Mortgages News and Articles | My Blog

Minimum qualifying rate for uninsured mortgages unchanged

12/17/2021 | Posted in Home Buyers by Jessi Sandhu

mortgage-application-form-247.jpg - Real Estate News OSFI confirms Minimum Qualifying Rate for uninsured mortgages. ... More


OSFI considering new benchmark rate for uninsured mortgages

2/19/2020 | Posted in Mortgages and Real Estate by Jessi Sandhu

couple-laptop-106.jpg - Real Estate News 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


Morneau unveils new insured mortgage stress test rate

2/18/2020 | Posted in Mortgages and Real Estate by Jessi Sandhu

stressed-couple-244.jpg - Real Estate News Ottawa changing stress test rate for insured mortgages starting April 6. ... More


BoC touts long-term mortgages to open MBS market

5/9/2019 | Posted in Mortgages and Real Estate by Jessi Sandhu

mortgage-button-248.jpg - Real Estate News Bank of Canada Governor Stephen Poloz suggested that lenders should encourage mortgage products with longer terms as a means of distributing risk more evenly and insulating the ... More


Insured mortgage levels way down in 2018

11/5/2018 | Posted in Mortgages and Real Estate by Jessi Sandhu

business-report-ideas-275.jpg - Real Estate News Updated numbers from the Bank of Canada showed that the balance of insured mortgage debt suffered its largest decline in history. ... More


Private lending becomes new normal

6/12/2018 | Posted in Home Buyers by Jessi Sandhu

business-planning-consultation-265.jpg - Real Estate News Private lenders have doubled their share of Canadian mortgages since 2015. ... More


Uninsured mortgages buck housing trends across country

3/19/2018 | Posted in Mortgages and Real Estate by Jessi Sandhu

get-home-sold-real-estate-266.jpg - Real Estate News Canada’s uninsured mortgage market reached an eight-year high in January as government steps to reduce taxpayer exposure to the housing market gain traction, according to ... More


No new regulations, drastic home price increases in 2018

1/4/2018 | Posted in Mortgages and Real Estate by Jessi Sandhu

cheerful-home-buyers-129.jpg - Real Estate News By all indications, 2017 has proven to be a tumultuous period in the mortgage and real estate spheres, but a markets observer argued that this year will offer a measure of respite ... More


Longer amortizations and higher costs: Our mortgage outlook for 2018

12/25/2017 | Posted in Mortgages and Real Estate by Jessi Sandhu

marketing-analysys-104.jpg - Real Estate News It’s almost a tradition that Canada’s mortgage czars clamp down on housing in the new year, and 2018 is no exception. ... More


Surge in uninsured mortgages 'no coincidence'

12/6/2017 | Posted in Mortgages and Real Estate by Jessi Sandhu

senior-couple-55.jpg - Real Estate News Consumers looking to consolidate debt currently have more buying power than they will next month, therefore rushing to refinance their mortgages before the new mortgage ... More


BoC flags risk from low-ratio mortgage loans

12/4/2017 | Posted in Mortgages and Real Estate by Jessi Sandhu

stephen-poloz-bank-of-canada-45.jpg - Real Estate News The Bank of Canada has released its latest assessment of the financial system and has once again highlighted risk from mortgages. ... More


CMHC takes aim at shadow lenders amid rising debt levels

11/16/2017 | Posted in Mortgages and Real Estate by Jessi Sandhu

contract-real-estate-mortgage-102.jpg - Real Estate News Canada’s housing agency is seeking more data on home loans from shadow lenders, amid concern rising levels of debt aren’t being adequately tracked and may increase the ... More


At Your Service

Thinking of buying or selling a property, or have a question regarding the real estate market? Fill out the form below and we'll get back to you promptly.

Security Question: 12 + 8 =