Could this market be the next to implement a foreign buyer tax?
The Canada Mortgage and Housing Corp. announced it will increase insurance premiums for those homeowners with less than 10 per cent down and players expect the move to impact one type of client in particular.
Many brokers scoff at bank “relationship pricing” but at least one professional believes they are creating a more informed public: Which will benefit the broker channel.
One private insurer has quickly followed CMHC’s lead and upped its rates
The Canada Mortgage and Housing Corporation has announced that it is increasing premiums for high-risk mortgages.
Condo owners are being hit by increasingly unaffordable insurance premiums as insurers count the cost of poor construction.
Edmonton’s home prices continue to rise despite a fall in sales.
In a stark contrast to Calgary’s housing market drop-off, two key cities in a western province reported strong sales during the month of March.
Brokers frustrated by appraisal management companies may want to take a page out of one professional’s playbook for dealing with lender demands.
Another banking veteran, now a broker, is criticizing the increasingly close relationship between Realtors and some of the big six banks, suggesting it comes at a disadvantage to clients.
After postponing the federal budget in mid-January, Finance Minister Joe Oliver has scheduled the budget for Tuesday, April 21.