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Topic & Comments
Home affordability toughens, especially in top three cities by | 2010-03-16 4:51:51 AM

The housing market in Vancouver is "uncomfortably hot", according to the latest RBC Housing Affordability Measure, while Toronto and Montreal are on pace to set records due to surging demand.read more

Bubble. What Bubble? by Donald Horne | 2010-03-14 6:12:56 PM

An industry report questioned whether or not Canada was in the midst of a real estate bubble. Melissa Kim asked some of last year's CMP Top 50 brokers to weigh in on the possibility.read more

Abode announces permanent closure by | 2010-03-12 1:06:40 AM

After announcing at the end of January that Abode was close to negotiating a deal with a Toronto-based purchaser, the company quietly announced the end has come for its mortgage origination business.read more

Canada's mortgage market "boring but effective": IMF by | 2010-03-11 11:33:33 AM

The Canadian residential mortgage market has been "boring, but effective" in recent years, according to International Monetary Fund economist John Kiff.read more

Interest rate stays put as speculation continues by | 2010-03-09 4:39:50 AM

The Bank of Canada's plan to maintain the overnight rate has been spot-on for the past 11 months, but there is speculation the trend could be ending soon.read more

Canadians' household finances in trouble, says Vanier Institute by | 2010-03-09 1:44:40 AM

A new study released by the Vanier Institute of the Family suggests average household debt is rising at an alarming pace and Canadians' mortgage and credit card payments are suffering.read more

U.S. mortgage delinquencies remain at record levels by | 2010-02-26 4:45:27 AM

One in 10 borrowers is seriously delinquent on their U.S. mortgage, with their payments at least 90 days past due or in foreclosure. That compares to one in 16 borrowers a year ago and one in 33 two years ago, according to the Mortgage Bankers Association.read more

Will the Insured Mortgage Purchase Program continue? by | 2010-02-26 1:49:39 AM

With reports the federal government will cut a number of its initiatives aimed to help banks through the financial crisis in next week's budget, there is talk about whether the $125-billion Insured Mortgage Purchase Program will continue.read more