1/21/2022 | Posted in Canadian Housing Market by Becky LuDo
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Canada's luxury home market is intense as trade-up and non-resident activity adds pressure to tight supply.

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Real Estate & Mortgage News

  1/13/2022 | Posted in Canadian Housing Market by Becky LuDo
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Investors accounted for nearly 20 per cent of home purchases dating back to 2014, a figure that has rapidly outpaced other types of buyers during the COVID-19 pandemic.

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Real Estate & Mortgage News

  1/13/2022 | Posted in Canadian Housing Market by Becky LuDo
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Speculative investing in residential real estate has become an important concern, prompting Canadians to overbid on properties

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Real Estate & Mortgage News

  12/29/2021 | Posted in Mortgages and Real Estate by Becky LuDo
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By all accounts the Bank of Canada is set to make money more expensive in 2022

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Real Estate & Mortgage News

  12/21/2021 | Posted in Home Buyers by Becky LuDo
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Mortgages continued to lead all forms of credit growth as of the second quarter, rising over 45% compared to pre-pandemic levels, new data shows.

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  12/17/2021 | Posted in Home Buyers by Becky LuDo
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OSFI confirms Minimum Qualifying Rate for uninsured mortgages.

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  12/14/2021 | Posted in Foreign Buyers by Becky LuDo
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The Ontario government will take matters into its own hands by raising its tax on non-resident homebuyers if the federal government doesn’t make good on a campaign ... More

Real Estate & Mortgage News

  11/22/2021 | Posted in Home Buyers by Becky LuDo
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Canada’s red-hot housing markets could cool down in the second half of next year, according to a prominent Bay Street economist, as many buyers rush to buy now before the ... More

Real Estate & Mortgage News

  11/19/2021 | Posted in Mortgage Interest Rates by Becky LuDo
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Financial markets may be pricing in the first interest rate hikes as early as March, but they shouldn’t be too confident about that timing.

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  11/9/2021 | Posted in Home Buyers by Becky LuDo
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When it comes to Ontario homeowners, a mere 11.4% of young adults across the province own their own homes.

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  11/2/2021 | Posted in Mortgage Interest Rates by Becky LuDo
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A prominent Bay Street economist said homebuyers should start preparing sooner rather than later.

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  10/29/2021 | Posted in Home Buyers by Becky LuDo
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A proposed Home Buyers’ Bill of Rights would address a notable trend that’s emerged in a red-hot market

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  10/25/2021 | Posted in Home Buyers by Becky LuDo
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Roughly 30 per cent of first-time homebuyers and nearly nine per cent of existing homeowners received financial help from family this past year to purchase a house.

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Real Estate & Mortgage News

  10/22/2021 | Posted in Mortgage Interest Rates by Becky LuDo
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Global bond yield rates are up this month, and Canada is not missing out on the action.

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Real Estate & Mortgage News

  10/15/2021 | Posted in Canadian Housing Market by Becky LuDo
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Popularity of variable-rate mortgages expected to grow further, overturning a trend that has been in place for over a decade.

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Real Estate & Mortgage News

  9/28/2021 | Posted in Mortgage Interest Rates by Becky LuDo
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Bond yields rose sharply on Monday in the U.S. and Canada, and bond yields typically lead fixed mortgage rates.

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Real Estate & Mortgage News

  9/22/2021 | Posted in First Time Home Buyers by Becky LuDo
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This buyer cohort also makes more expensive residential moves, on average

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  9/8/2021 | Posted in Mortgage Interest Rates by Becky LuDo
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The Bank of Canada delivered a status quo rate decision today, keeping its target rate and bond purchases unchanged.

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Real Estate & Mortgage News

  9/2/2021 | Posted in Home Buyers by Becky LuDo
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What's “buyer fatigue”? This term applies to home hunters who have been repeatedly outbid and left disillusioned by the process.

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Real Estate & Mortgage News

  8/23/2021 | Posted in First Time Home Buyers by Becky LuDo
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Politicians are zeroing in on ways that just might make the dream of owning a home that much easier.

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Real Estate & Mortgage News

  8/20/2021 | Posted in Mortgages and Real Estate by Becky LuDo
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Canadians are piling into mortgages at more than double the historical pace as the housing market appears to moderate after a pandemic boom.

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Real Estate & Mortgage News

  8/18/2021 | Posted in Ontario Real Estate by Becky LuDo
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Ontario residents are growing increasingly stressed out about money, debt, and the ability to cover even their basic living expenses, according to

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Real Estate & Mortgage News

  8/4/2021 | Posted in Home Buyers by Becky LuDo
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Skyrocketing housing prices in 2021 are driving up how long it would take for homebuyers to save for a down payment, new data shows.

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Real Estate & Mortgage News

  7/5/2021 | Posted in Real Estate News by Becky LuDo
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Canada Mortgage and Housing Corp. is easing its underwriting criteria for mortgage loan insurance after changes it made last year were not effective and caused it to lose ... More

Real Estate & Mortgage News

  6/28/2021 | Posted in Canada Living by Becky LuDo
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A look at why the hot housing market is out of reach for young Canadians

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Real Estate & Mortgage News

  5/20/2021 | Posted in Home Buyers by Becky LuDo
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Canada’s banking watchdog is confirming it will apply tighter rules to the so-called mortgage stress test, effective June 01.

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Real Estate & Mortgage News

  5/12/2021 | Posted in Home Buyers by Becky LuDo
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Canadians are so alarmed by the red-hot housing market that many say they’d like to see the central bank raise the cost of borrowing to dampen demand for real estate and ... More

Real Estate & Mortgage News

  5/6/2021 | Posted in Home Buyers by Becky LuDo
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Whether you’re starting your home search or you just bid on the place of your dreams, getting denied for a mortgage will stop you cold.

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Real Estate & Mortgage News
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