stress test

OTTAWA — The federal government is changing the stress test rate for insured mortgages starting April 6 that experts say should make it marginally easier for some buyers to purchase their first home, or owners refinancing their existing…

According to the January National Rent Report from Rentals.ca and Bullpen Research & Consulting, the average monthly asking rent for Canada rose 4.3 per cent year over year at the end of December.Toronto, Montréal and Vancouver…

Rentals.ca and Bullpen Research & Consulting’s December National Rent Report forecasts a 3 per cent year over year rental rate increase on a national basis in 2020.Annual rental rates could increase in 2020 by as much as 7 per cent…

Conservative leader Andrew Scheer's pledge to extend mortgage amortization maximums for some homebuyers and loosen a contentious stress test would likely lead to more debt and higher property prices, some experts say.''Oh my god,…

The Ontario Real Estate Association's (OREA) chief executive officer, Tim Hudak, in a letter sent today to the House of Commons Standing Committee on Finance, is calling for less stringent mortgage rules – taking aim at comments made by…

VICTORIA — A real estate market outlook by Vancouver's Central 1 Credit Union says tougher federal and provincial government housing policies are behind a drop in demand for resale housing in British Columbia.The report released on…

The CEO of Canada Mortgage and Housing Corporation is forcefully defending mortgage stress test rules and warning federal policy-makers to hold the line amid calls for softening the measure from industry associations.'' My job is to…

TORONTO – ­Canadian household debt reached a record high at the end of last year even as mortgage activity slowed, the Canada Mortgage and Housing Corp. said in a report out Wednesday.The debt to income ratio of Canadians hit a record…

Canada should hold off on changes to make homebuying more affordable but should speed up efforts to reduce trade barriers within its borders, advises the International Monetary Fund.The organization calls for policies that focus on…

Luxury home sales fell in the two formerly hot housing markets of Vancouver and Toronto, as well as Calgary, in the first couple months of the new year, according to data released Wednesday by Sotheby's International Realty Canada.That…