Mixed Reactions to the Announcement of Revised Mortgage Rules
Reaction has been mixed to the announcement of new mortgage rules which will come into effect March 18.
Read moreCanadian Cities Report Lower Apartment Vacancy Rates
A recovering economy has positively impacted Canadian housing rentals, with lower vacancies and higher rental costs being reported this year.
Read moreFinancial Watchdog Wants Banks to Conduct Stricter Risk Assessment
Canadian financial watchdog OSFI is keeping a keen watch over banks as consumer debt has reached record levels and is asking them to conduct a more stringent assessment of the risks that the debt could have on their balance sheets.
Read moreFinance Minister Announces Changes to Canadian Mortgage Rules
Federal finance minister, Jim Flaherty, announces upcoming changes to Canadian mortgage rules.
Read moreCanadian Home Prices Will Appreciate in 2011, Says Royal LePage
Royal LePage, a real estate services firm, says that the average home price in Canada could see an increase, fuelled by good home sales in the first half of 2011, in the light of the low interest climate.
Read moreCanadian Housing Markets Poised for Steady, Moderate Growth in 2011
Home prices are poised for steady yet moderate growth in the first half of 2011, as Canadian mortgage and housing markets absorb the slack in demand caused by decade-long, double-digit pricing increases.
Read moreAccessing Your Home’s Equity – What Every Retiree Should Know
Retirees can access their home equity by taking out a reverse mortgage, a home equity line of credit or setting up a gift of residual interest.
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