Could this market be the next to implement a foreign buyer tax?
A lawsuit is challenging the role of the Bank of Canada and claims that it is not staying true to its constitution.
Economic policies which apply to the whole country do little to curb the hottest markets and Ottawa seems reluctant to meddle too much anyway.
Brokers may have a tougher time getting clients qualified for CMHC insurance, but that isn’t affecting the Crown Corporation’s bottom line.
From rivals to partners, two competing brokerages merge under the Dominion banner.
It’s been said before, but it seems the chorus is contagious – yet another report is calling the Ontario housing market overvalued; but brokers shouldn’t expect prices to fall or commissions to suffer.
The Canada Mortgage and Housing Corporation expects its mortgage insurance total to fall to $535 billion by the end of 2015 according to figures in its latest annual report.
Manulife Financial Corp has announced its first quarter results and revealed that tough times for investments have cut its profits.
The City of Regina is owed millions of dollars in outstanding property taxes according to a report in the Leader Post.
One broker, frustrated by slow underwriting turnarounds, is pleading with lenders to fix the inefficiencies.
Brokers can expect to encounter tighter underwriting for mortgage default insurance in this one province.