Mortgage

OTTAWA – The federal banking regulator is proposing increased requirements to the stress test facing homebuyers with uninsured mortgages as it looks ahead to a return to pre-pandemic financial conditions with higher interest rates.…

A new study from the Angus Reid Institute (ARI) reports that 40 per cent of Canadians hopeful that housing prices continue to escalate, while 39 per cent are banking on a fall. According to ARI, one-in-five (22%) would like to see the…

OTTAWA – Bank of Canada governor Tiff Macklem says different groups of Canadians experience price increases uniquely, and that the central bank will keep that in mind as it decides on a policy framework for the next five years.For three…

OTTAWA — Canadian households piled up a record amount of mortgage debt for the second quarter in a row amid low interest rates and high housing prices, Statistics Canada said Friday.Hot real estate markets in many regions helped propel…

THE TYEERents in Vancouver's cheapest housing rose twice as much as overall rents between 2018 and 2019, according to a new report from the Carnegie Community Action Project.The advocacy group has been surveying rents at single-room…

OTTAWA — Most homeowners who sought deferrals for mortgages last year have seen their deferral periods end, but the Canada Mortgage and Housing Corp. says the risk of these borrowers falling into arrears could re-emerge.The federal…

The suburbs surrounding Toronto, Montreal and Vancouver's are fueling an uptick in homes beginning construction and properties ready for occupancy, says Canada Mortgage and Housing Corp.In two reports released Monday, the federal…

According to the Toronto Regional Real Estate Board (TRREB), the outlook for the Greater Toronto Area (GTA) real estate market is healthy with strong buying intentions, a near-record sales forecast of more than 100,000, and a record average…

OTTAWA – Canada's housing authority says retail, construction and services workers were the most common deferrers of mortgage payments in the first few months of the COVID-19 pandemic.New data from Canada's Mortgage and Housing…

OTTAWA – The Bank of Canada says the national economy will go in reverse for the first quarter of 2021, hammering the hardest-hit workers again on the path to a recovery that rests on the rollout of vaccines.Workers in high-contact…