US existing homes fall back
Investors are scaling back their involvement in the US property market but this is unlikely to mean a return to dark days for the market.
CMHC confirms potential risk-sharing
The Canada Mortgage and Housing Corporation (CMHC) has announced it will consider implementing risk-sharing measure with lenders in the future, confirming anonymous sources who told the Financial Post in early September that OSFI and CMHC were in talks about the potential policy.
Finance Minister weighs in on potential housing finance changes
Brokers will likely breathe a sigh of relief following Finance Minister Joe Oliver’s statement that the government will not make any sudden changes to the housing finance system.
Four giveaways of an awful website
With more homebuyers than ever before first checking online for mortgage information, it’s important brokers avoid making any online faux pas; if these common mistakes ring any bells, than it’s time to redesign your website.
Buying a home is more expensive than expected says BMO
The Bank of Montreal’s Fall Home Buying Report shows that there is a large gap between what buyers expect to pay for their new home and what they actually end up spending.
CMHC head says ‘no bubble’
In a speech on Friday, the CEO of the Canada Mortgage and Housing Corporation says there is no fear of a housing bubble.
Is your city one of Canada’s best for newcomers?
Waterloo, Calgary, Ottawa, Richmond Hill, Vancouver, and St. John’s continue to appeal to newcomers, according to The Conference Board of Canada’s report assessing the attractiveness of Canadian cities.
Household costs push inflation index higher
An unexpected rise in the core index for inflation could lead to a change in policy at Canada’s central bank.
Poll: Which lender feature is the most important?
CMP’s annual Brokers on Lenders issue has been written, packed and sent to our subscribers. Some old favourites continued to reign supreme in various categories and some new faces have blazed an impressive trail.
One area to look to for lucrative commercial deals
Brokers looking to crack into the commercial market may want to keep an eye on this one budding area in Canada where sales of commercial properties in excess of $5 million have surged, according to a recent report.