Who Sets Mortgage Rates & How To Get the Best One
How are you supposed to get the best mortgage rate for you, or even have a ballpark figure in mind; and why are different lenders allowed to have such varying rates? Who sets the mortgage rates in Canada anyway?
Read moreTightening Mortgage Lending Will Slow Down Economy: Credit Union Chief
In a view contrary to that of economists and major Canadian banks, Central 1 Credit Union’s chief economist Helmut Pastrick says that he does not anticipate a housing price bubble and believes that tightening mortgage lending criteria will slow down the housing market and in turn, the economy.
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 moreCredit Union Forecasts Ontario Home Price Gains in 2011
Central 1 Credit Union is optimistic about the Ontario housing market, predicting increases in home sales prices next year.
Read moreToronto Home Price Gains to Slow Down
The intense activity observed in the Toronto housing market in the first half of the year has cooled down and 2011 may see a slower pace in home price gains, say experts.
Read moreAustralia Urged to Follow Canada’s Mortgage Insurance System
Australian government urged to follow the Canadian model of selling mortgage insurance to all financial institutions to create fair competition.
Read moreHigh Rise Sales Spike in Toronto
High-rise sales in Toronto have seen a spike in the last month, with people preferring to buy affordable condos as opposed to costlier low-rise homes.
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