April 19, 2021
This week the federal government will release its budget, the BoC will issue latest policy statement, and Stats Can will provide our latest inflation data. Whew!
Posts from the ‘mortgage rule changes’ Tag
May 25, 2020
Last week, CMHC CEO Evan Siddall floated the idea of increasing the minimum down payment required to purchase a residential property from 5% to 10%. Here is my take.
April 13, 2020
Last week we learned that our economy lost more than 1 million jobs in March. As the significant economic impacts of the lockdown begin to take form, now seems like a good time to speculate on how lenders will adapt their mortgage lending policies to the new reality.
September 30, 2019
In today’s post I turn my attention to a key issue for voters in our upcoming federal election: housing affordability.
January 26, 2011
When the federal government recently announced changes to CMHC's rules for high-ratio mortgage insurance, most of my colleagues voiced strong opposition. I respectfully disagree with their assessments, and in today's post I tell you why.