The Canada Mortgage and Housing Corporation (CMHC) will shift its priority back to its originally intended purpose: helping Canadians buy homes they can afford.
Following one industry professional’s argument that Finance Minister Joe Oliver should interfere in the mortgage lending industry, two brokers debate the role of government in regulating the housing market.
Brokers often lamented former Finance Minister Jim Flaherty’s willingness to tinker with mortgage rules and regulations but one industry professional believes current minister, Joe Oliver’s laissez-faire approach could have disastrous effects.
The annual Spring Rental report is due this morning from CMHC….should the government be doing more to protect the market from a hard landing? …. And if you want a condo in Calgary, you better be quick !
ScotiaBank is the latest lender to offer a sub-three per cent mortgage rate but one broker doesn’t feel threatened by the latest offering; even though he does realize it will bring in a fair amount of business for the big bank.
Former Finance Minister Jim Flaherty's unpopular mortgage rule changes have been forgotten -- for now -- as brokers join the chorus of Canadians sharing their condolences following his death Thursday.
Former Finance Minister Jim Flaherty passed away Thursday. He died of a heart attack.
A study released Tuesday, indicating a healthy mortgage industry, may stop Finance Minister Joe Oliver in his tracks
It didn’t take long for Finance Minister Joe Oliver to weigh in on the mortgage industry, stating he will be keeping a watchful eye on the market.
Live from the Investor Forum in Toronto, MortgageBrokerNews.ca's Justin da Rosa speaks to a number of brokers about the news making headlines this week.