Category Archives: Mortgage News & Events

Closing Costs – Obsession with fees ‘unhealthy’ for Canadian real estate

Obsession with fees ‘unhealthy’ for Canadian real estate in the long run – analyst Among the under-discussed aspects of the Canadian housing industry’s part in the national economy are the fees associated with home purchase and sale transactions. Which by any measure outstrip the combined contributions of the agriculture, fishing, forestry and hunting segments. According…
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Condo prices rise – How much will my home really cost?

Vancouver Condo Prices Move Up To $135,000 Higher In a Single Month How much will my home really cost? You probably didn’t think Vancouver real estate prices could get any crazier, but here we are. Numbers from the Real Estate Board of Greater Vancouver show a softer detached market, but condos are making surreal jumps…
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Tougher Rules and Higher Rates – Keep an eye on Mortgage Rates

Tougher Rules And Higher Rates: What’s Next For The Mortgage Market? New Regulations It all began last October, when federal Finance Minister Bill Morneau announced several new mortgage regulations aimed at ensuring that Canadian borrowers only take on mortgages they can afford. This included enforcing that all insured borrowers qualify for loans based on the…
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