Despite their proliferation in recent years, most lenders remain reticent about doling out mortgages
This year may come to be known as “the year the micro condo really took off.”
Fears that the oil industry’s decline would drag Alberta into recession are not shared by the Royal Bank of Canada.
Consumer optimism for the economy has hit its lowest point since May 2013 according to the Bloomberg Nanos Canadian Confidence Index.
CMHC pared down its offerings in 2014, which led many to wonder about the potential for the crown corporation to privatize. CMHC CEO Evan Siddall recently weighed in on the speculation.
In late January, FSCO and the Mutual Fund Dealers Association of Canada (MFDA) clarified their position on syndicated mortgages in a joint statement, and we spoke with FSCO about regulations for the popular investment option.
It could take a little while before the Canada Mortgage and Housing Corp.’s recent predictions of a calmer housing market come to fruition, as the latest starts data shows a slight rise in seasonally adjusted starts.
The value of residential building permits was stagnant in December after a 2.5 per cent decline in November.
There could be a national recession in Canada within a year according to David Madani of Capital Economics.
Decades ago experts on the science of home selling included having a pot of freshly-brewed coffee ready when potential buyers came for a viewing as the smell gave a homely impression.
The debate among brokers about minimum requirements to attain a mortgage continues...