While 72 percent of Canadian mortgage shoppers get mortgage advice in person, a majority would opt for a fully online mortgage to save money, according to a new survey by Rates.ca. Almost one in five mortgage shoppers say they’d be…
Thanks to investments made by the Government of Canada and the City of London, residents of London will soon have access to more safe and affordable places to call home. Today, The Honourable Ahmed Hussen, Minister of Families, Children and Social Development and the Minister responsible…
For many Canadians, buying a home can be a challenging and stressful experience. According to a recent survey from Zillow and Ipsos, 92% of Canadians see at least one barrier to homeownership, and two of the top concerns are related…
Royal LePage recommends a regional approach to mortgage stress test if the federal government goes ahead with changes in 2020 Home prices increase 2.2 percent in Q4 as buyers continue to move off the sidelines Greater Toronto Area home prices heat…
TORONTO, Dec. 2, 2019 First National Financial Corporation today announced that First National Financial LP has entered into an agreement with Manulife Bank of Canada (“Manulife Bank”) to provide underwriting and fulfillment processing services for mortgages originated by Manulife Bank through the…
According to the Québec Federation of Real Estate Boards (QFREB), yesterday’s announcement by the Ontario government of a 15 per cent tax on property purchases by foreigners in Ontario could increase the presence of foreign buyers in the Montréal real…
Government of Canada takes historic action to create new rental housing By investing in the construction of more than 10,000 new rental housing units, the Government is taking action to improve the lives of hard working Canadians. It will allow…
Canadian housing starts Housing starts are trending higher at 211,342 units in March 2017, compared to 205,521 units in February 2017, according to Canada Mortgage and Housing Corporation (CMHC). This trend measure is a six-month moving average of the monthly…
The rental market is an important housing option for approximately 30% of Canadians. Effective May 15, CMHC will introduce enhancements to its multi-unit mortgage loan insurance that will address the rental needs of Canadians while supporting efforts to expand and…
Canadians cite belief that home prices may come down, lack of affordability and economic unpredictability as main reasons for delaying purchase Over 80 per cent of Canadians feel that buying a home is a good or very good investment. Only…