Two major Canadian markets have white-hot commercial sectors
A former mortgage administrator has been found guilty of fraud in a case that the Ontario Securities Commission is referring to as a “large-scale, sophisticated mortgage investment scheme” akin to a Ponzi scheme.
Canada’s largest private mortgage insurer says it is matching CMHC’s increase in premiums for the highest risk loans.
A credit union in Vancouver is warning that the city’s detached family homes will cost an average of $4.4 million by 2030 is current trends continue.
There’s enough vacant land in Edmonton to house at least 7,700 people according to the latest report on the city’s older neighbourhoods.
Manulife Bank, one of Canada’s biggest mortgage lenders and mortgage insurance providers, has announced an annual online client survey where they may win $500.
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.