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  5/24/2020 | Posted in Home Buyers by Dan Antia
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The Bank of Canada is set to reduce its qualifying rate ten basis points, from 5.04 to 4.94 percent according a new report. ... More

Real Estate & Mortgage News

  5/16/2020 | Posted in Canadian Economy and Housing Market by Dan Antia
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Thanks to a reduction in some Big-Bank posted rates in recent days, Canada’s mortgage stress test rate will fall as early as next week. ... More

Real Estate & Mortgage News

  3/6/2020 | Posted in Toronto Real Estate by Dan Antia
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Toronto House Prices Jump By $130,000 In A Year As Industry Calls For 'Shovels In The Ground'. And now the Bank of Canada is putting "kerosene on the fire" with ... More

Real Estate & Mortgage News

  2/27/2020 | Posted in Mortgages and Real Estate by Dan Antia
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The proposed change to the federal mortgage guidelines that would reduce the stress test requirement for borrowers could adversely affect the credit risk of Canada’s big ... More

Real Estate & Mortgage News

  2/18/2020 | Posted in Mortgages and Real Estate by Dan Antia
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Ottawa changing stress test rate for insured mortgages starting April 6. ... More

Real Estate & Mortgage News

  2/10/2020 | Posted in GTA Real Estate by Dan Antia
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Mortgage stress test forces homebuyers further outside GTA to find house they can afford. ... More

Real Estate & Mortgage News

  2/5/2020 | Posted in Canadian Housing Market by Dan Antia
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The chief executive of the Bank of Nova Scotia says Canada’s housing market needs more supply, not a major change to the mortgage stress test. ... More

Real Estate & Mortgage News

  1/8/2020 | Posted in Mortgages and Real Estate by Dan Antia
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Royal Bank of Canada chief executive Dave McKay told a banking conference on Tuesday that the mortgage stress test has “generally been good ... More

Real Estate & Mortgage News

  11/6/2019 | Posted in Canadian Housing Market by Dan Antia
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Tighter mortgage regulations are making Canada’s housing market less risky, according to the government agency responsible for its oversight. ... More

Real Estate & Mortgage News

  8/24/2019 | Posted in Home Buyers by Dan Antia
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New data shows the country’s youngest buyers are being affected most by the government’s mortgage stress tests. ... More

Real Estate & Mortgage News

  7/21/2019 | Posted in Mortgages and Real Estate by Dan Antia
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The Bank of Canada's rate used by mortgage stress tests to determine whether would-be homeowners can qualify has dropped for the first time in three years. ... More

Real Estate & Mortgage News

  7/18/2019 | Posted in Mortgages and Real Estate by Dan Antia
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The Ontario Real Estate Association is calling for less stringent mortgage rules in a rebuttal aimed at the head of the Canada Mortgage and Housing Corp. ... More

Real Estate & Mortgage News

  6/11/2019 | Posted in Mortgages and Real Estate by Dan Antia
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Canada’s top federal banking regulator says a stress-test for uninsured mortgages is “working,” but that it is still keeping an eye on lending practices. ... More

Real Estate & Mortgage News

  5/22/2019 | Posted in Canadian Economy and Housing Market by Dan Antia
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Canada should hold off on changes to make homebuying more affordable but should speed up efforts to reduce trade barriers within its borders, advises the International Monetary ... More

Real Estate & Mortgage News

  5/17/2019 | Posted in Home Buyers by Dan Antia
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The Conservative Party leader says he's "absolutely committed" to reviewing the rule. ... More

Real Estate & Mortgage News

  5/1/2019 | Posted in Mortgages and Real Estate by Dan Antia
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The Canadian government should consider being flexible on its new mortgage lending rules because the impact has been longer-lasting and more significant than expected, ... More

Real Estate & Mortgage News

  4/3/2019 | Posted in GTA Real Estate by Dan Antia
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Toronto Real Estate Board President Garry Bhaura announced that Greater Toronto Area REALTORS® reported 7,187 residential sales through TREB's MLS® System in March ... More

Real Estate & Mortgage News

  4/3/2019 | Posted in GTA Real Estate by Dan Antia
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A flattened real estate market in the Greater Toronto Area has the region's real estate board again calling for revisions to stricter mortgage stress tests. ... More

Real Estate & Mortgage News

  3/12/2019 | Posted in Canadian Housing Market by Dan Antia
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Here are four record-breaking phenomena that suggest we have reached a real turning point in Canadian real estate. ... More

Real Estate & Mortgage News

  3/10/2019 | Posted in Canadian Economy and Housing Market by Dan Antia
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Residential investment is falling, and that's a clear sign of hard times in Canada's economy, the Bank of Montreal says. ... More

Real Estate & Mortgage News

  3/3/2019 | Posted in Canadian Housing Market by Dan Antia
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The cost of rental housing jumped by the most in 30 years in January, according to Statistics Canada data. ... More

Real Estate & Mortgage News

  2/27/2019 | Posted in Canadian Housing Market by Dan Antia
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Here's what it takes to buy an average-priced home in Canada's major cities — and how choosing a 30-year mortgage would change that. ... More

Real Estate & Mortgage News

  2/26/2019 | Posted in Mortgages and Real Estate by Dan Antia
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Ten per cent of Canadians no longer qualify for a mortgage with banks. ... More

Real Estate & Mortgage News

  2/22/2019 | Posted in Mortgages and Real Estate by Dan Antia
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The B-20 mandated stress test is already outdated considering current market realities, according to a real estate firm head. ... More

Real Estate & Mortgage News

  2/8/2019 | Posted in Canadian Housing Market by Dan Antia
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The country’s overall real estate market remains “vulnerable” despite an easing in overvaluation in cities like Toronto and Victoria in the third quarter, ... More

Real Estate & Mortgage News

  2/6/2019 | Posted in Mortgages and Real Estate by Dan Antia
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Canada’s banking regulator defended tougher mortgage underwriting rules blamed recently for a slump in the nation’s housing market, but left open the possibility that ... More

Real Estate & Mortgage News

  2/1/2019 | Posted in Canadian Housing Market by Dan Antia
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The Bank of Canada has admitted that the economic impact of strict mortgage regulations, local housing restrictions, and the upward trend in interest rates was more serious than ... More

Real Estate & Mortgage News

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