CMHC's Siddall Defends Policies, Provides Update on the FTHBI
11/22/2019 | Posted in Canadian Housing Market by Jessi Sandhu
Some fresh information on the status of the First-Time Home Buyer Incentive (FTHBI) and a possible increase on the $1M cap for insured ...
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Insured mortgage levels way down in 2018
11/5/2018 | Posted in Mortgages and Real Estate by Jessi Sandhu
Updated numbers from the Bank of Canada showed that the balance of insured mortgage debt suffered its largest decline in history. ...
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BoC flags risk from low-ratio mortgage loans
12/4/2017 | Posted in Mortgages and Real Estate by Jessi Sandhu
The Bank of Canada has released its latest assessment of the financial system and has once again highlighted risk from mortgages. ...
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Risk sharing could be negative for housing, mortgage market
7/31/2017 | Posted in Mortgages and Real Estate by Jessi Sandhu
If the federal government forces mortgage lenders to carry more of the risk for delinquencies it could have a negative impact on the housing market and lead to an increase in ...
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CMHC insurance volumes plunged 41% after mortgage rules tightened
5/30/2017 | Posted in Mortgages and Real Estate by Jessi Sandhu
Canada's housing agency saw a sharp decline in the number of home buyers who qualified for mortgage insurance under tougher rules implemented last fall. ...
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CMHC mortgage insurance hike scheduled for this month
3/8/2017 | Posted in Mortgages and Real Estate by Jessi Sandhu
The Canada Mortgage and Housing Corp. has announced that it will be implementing a hike on the premiums on its insured loans, with the increases calculated based on down payments ...
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Canada's banks are pushing back against taking on more mortgage risk
3/1/2017 | Posted in Mortgages and Real Estate by Jessi Sandhu
Canada's financial industry is urging Ottawa to consider alternatives to proposals that could require them to take on a greater share of mortgage defaults — calling it ...
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