6/19/2017 | Posted in Mortgages and Real Estate by Forest Hill Real Estate Signature
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Looming rate hikes by the Bank of Canada will put financial stress on indebted Canadians and potentially exacerbate a slowdown in the nation's long housing boom, credit ... More

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  6/14/2017 | Posted in Mortgages and Real Estate by Forest Hill Real Estate Signature
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Mortgage delinquency rates were low in Toronto and Vancouver during the fourth quarter of 2016, despite hot housing markets that have sent prices soaring, according to a new ... More

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  6/14/2017 | Posted in Mortgages and Real Estate by Forest Hill Real Estate Signature
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The chief economist of the Canadian Real Estate Association says homeowners in the Greater Toronto Area should brace themselves for a possible tax on speculative home ... More

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  6/13/2017 | Posted in Mortgages and Real Estate by Forest Hill Real Estate Signature
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Millenials are confident in their financial future and in the housing market, according to a new study.

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  5/30/2017 | Posted in Mortgages and Real Estate by Forest Hill Real Estate Signature
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Canada's housing agency saw a sharp decline in the number of home buyers who qualified for mortgage insurance under tougher rules implemented last fall.

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  3/20/2017 | Posted in Mortgages and Real Estate by Forest Hill Real Estate Signature
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With mortgage insurance premiums rising, homebuyers whose down payments are just shy of 20 per cent may be considering whether to tap extra sources of credit in order to avoid ... More

Real Estate & Mortgage News

  3/8/2017 | Posted in Mortgages and Real Estate by Forest Hill Real Estate Signature
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The Canada Mortgage and Housing Corp. has announced that it will be implementing a hike on the premiums on its insured loans, with the increases calculated based on down ... More

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  3/1/2017 | Posted in Mortgages and Real Estate by Forest Hill Real Estate Signature
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Canada's financial industry is urging Ottawa to consider alternatives to proposals that could require them to take on a greater share of mortgage defaults — calling ... More

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  2/10/2017 | Posted in Mortgages and Real Estate by Forest Hill Real Estate Signature
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The gap between the number of borrowers going for fixed and variable rates has become larger recently, pointing to the increasingly important role that variable-rate mortgages ... More

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  1/18/2017 | Posted in Mortgages and Real Estate by Forest Hill Real Estate Signature
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Canada's subprime mortgage providers are increasingly teaming up with unregulated rivals to sidestep rules designed to clamp down on risky lending.

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  1/17/2017 | Posted in Mortgages and Real Estate by Forest Hill Real Estate Signature
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CMHC announced early Tuesday it is increasing its loan insurance premiums effective March 17.

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Real Estate & Mortgage News

  11/30/2016 | Posted in Mortgages and Real Estate by Forest Hill Real Estate Signature
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Canada Mortgage and Housing Corp., the Crown corporation that controls about half of the mortgage default insurance market in the country, continues to shrink its ... More

Real Estate & Mortgage News

  11/8/2016 | Posted in Mortgages and Real Estate by Forest Hill Real Estate Signature
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Home sales nationally will decline 11.5 per cent following the tightening of mortgage rules by the federal government.

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Real Estate & Mortgage News

  11/8/2016 | Posted in Mortgages and Real Estate by Forest Hill Real Estate Signature
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Regulators appear to finally be cracking down on a popular real-estate investment called a syndicated mortgage that promises big returns and low risks.

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  10/24/2016 | Posted in Mortgages and Real Estate by Forest Hill Real Estate Signature
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The federal government formally launched consultations Friday to explore potential changes that would shift some of the financial risk tied to ... More

Real Estate & Mortgage News

  10/21/2016 | Posted in Mortgages and Real Estate by Forest Hill Real Estate Signature
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Canada’s new mortgage rules risk pushing borrowers deep into the shadow lending market, with brokers set to line up secondary loans with private lenders as a means of ... More

Real Estate & Mortgage News

  10/20/2016 | Posted in Mortgages and Real Estate by Forest Hill Real Estate Signature
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The governor of the Bank of Canada spoke of the risk to the economy from the high level of household debts and the rising cost of homes when he announced a hold-steady on ... More

Real Estate & Mortgage News

  10/11/2016 | Posted in Mortgages and Real Estate by Forest Hill Real Estate Signature
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Canadian banks and mortgage insurers are rallying against new government housing rules that they say will lead to higher mortgage rates, hurt small real estate markets and ... More

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