Big bank answers tough mortgage and housing-related questions during its quarterly conference call against a backdrop of growing mortgage and real estate industry worries
The Governor of the Bank of Canada, Stephen Poloz, assured Canadians there is no risk of a U.S.-style housing crisis, despite record-high prices and sales.
Canadian brokers and mortgage borrowers are always leery of hidden mortgage fees, but one trend occurring across the pond will shock and surprise industry vets.
Regulators will be coming down hard on Realtors whose clients have misrepresented home details in a bid to bolster listings.
It’s been named as Canada’s least affordable city and figures from the CMHC don’t give any comfort to those struggling to buy a home in the city.
The Real Estate Investment Network has published a study on the residential real estate investment sector and ranks Calgary and Edmonton as top picks.
A new environmental code in Saskatchewan will allow developers greater flexibility in how they meet stringent rules on ‘lower risk’ issues such as air quality, water management and protection of natural resources.
The Canadian dollar has been pushed to a 5 year low today as oil prices were once again cut by Saudi Arabia.
The Canadian Real Estate Association has teamed up with the Consumer Finance Agency of Canada to produce a series of videos explaining the home buying process including explaining the key terms and concepts of mortgages
Brokers are already bracing for a surge in the number of mortgage specialists entering the channel, with one big bank’s announcement that it will shed 1,500 positions in a drive to achieve “greater efficiencies” – even at a cost of $148 million.
Canadian First Financial Group announced Monday it is expanding its retail banking operations by adding seven locations in Western Canada.