Flaherty Urged to Avoid Changes to Mortgage Regulations
With low mortgages rates pushing up housing prices, Finance Minister Jim Flaherty’s recent public comments have sparked a debate about whether or not the government should step in to keep the housing boom from becoming a housing bubble.
Read moreFlaherty Urged to Avoid Changes to Mortgage Regulations
With low mortgages rates pushing up housing prices, Finance Minister Jim Flaherty’s recent public comments have sparked a debate about whether or not the government should step in to keep the housing boom from becoming a housing bubble.
Read moreFlaherty Says No Housing Bubble Yet
The federal government is prepared to further reduce the conditions under which the Canada Mortgage Housing Corporation backs high-ratio mortgages.
Read moreFlaherty Says No Housing Bubble Yet
The federal government is prepared to further reduce the conditions under which the Canada Mortgage Housing Corporation backs high-ratio mortgages.
Read moreMortgage Appraisal Fees and the Actual Cost of Buying a Home
The actual cost of buying a home can only be calculated when you include all the added fees as well, which include taxes, insurance, and inspections, among other things.
Read moreGetting a Mortgage that Works Right for You
First-time homebuyers can find it difficult to save for a home’s down payment. Typically, lending institutions require 5-20% before they will approve a mortgage.
Read moreMortgages In Canada: A Study in Contrasts with the U.S.
Although many Canadians may be suffering from the recession, this country has managed to avoid the very difficult situation currently faced by the U.S. housing market.
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