10/11/2017 | Posted in Mortgages and Real Estate by Forest Hill Real Estate Signature
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A new stress test for all uninsured mortgages is unnecessary and could increase costs for homebuyers, a report by the Fraser Institute said Wednesday.

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Real Estate & Mortgage News

  8/30/2017 | Posted in Mortgages and Real Estate by Forest Hill Real Estate Signature
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The market for insured mortgages has decreased due to new regulations introduced at the end of 2016.

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Real Estate & Mortgage News

  7/31/2017 | Posted in Mortgages and Real Estate by Forest Hill Real Estate Signature
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If the federal government forces mortgage lenders to carry more of the risk for delinquencies it could have a negative impact on the housing market and lead to an increase in ... More

Real Estate & Mortgage News

  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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Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  2/17/2017 | Posted in Mortgage News by Forest Hill Real Estate Signature
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The Canadian lending market will enter a period of relative cooling in the next few years as far-reaching changes to mortgage rules finally begin to make themselves felt, ... More

Real Estate & Mortgage News

  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

  11/17/2016 | Posted in Mortgage News by Forest Hill Real Estate Signature
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Canada Mortgage and Housing Corp. says its stress testing shows it will be able to withstand even the most extreme economic scenarios.

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Real Estate & Mortgage News

  11/14/2016 | Posted in Mortgage News by Forest Hill Real Estate Signature
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Homeowners could be facing mortgage insurance price increases next year according to the boss of Canada’s largest private mortgage insurer.

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Real Estate & Mortgage News

  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

  10/7/2016 | Posted in Mortgage News by Forest Hill Real Estate Signature
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The dynamism of the Canadian mortgage market itself might be at risk due to the tighter regulations announced by Finance Minister Bill Morneau earlier this week, an observer ... More

Real Estate & Mortgage News

  10/7/2016 | Posted in Mortgage News by Forest Hill Real Estate Signature
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Fully one-third of consumers would encounter difficulties in meeting the new debt service ratios as outlined by the tightened mortgage measures introduced by Finance Minister ... More

Real Estate & Mortgage News

  10/4/2016 | Posted in Home Owners by Forest Hill Real Estate Signature
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For most people, buying a first house or condo is exciting and a big leap into adulthood. But it doesn’t take long for the cold hard reality of mortgage payments, taxes ... More

Real Estate & Mortgage News

  9/28/2016 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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TD Bank forecasts the Bank of Canada overnight target rate will remain unchanged until 2019.

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Real Estate & Mortgage News

  9/14/2016 | Posted in Mortgage News by Forest Hill Real Estate Signature
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Up to a million Canadians would struggle to cope with a 1 per cent rise in interest rates with 700,000 at risk from even a 0.25 per cent rise.

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Real Estate & Mortgage News

  8/22/2016 | Posted in Mortgage Advice by Forest Hill Real Estate Signature
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After you make the final payment on your mortgage, you have to cough up one more time to be free and clear.

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Real Estate & Mortgage News

  7/8/2015 | Posted in Real Estate Market by Forest Hill Real Estate Signature
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Canada needs to be better prepared to weather a housing crash that would leave taxpayers and mortgage insurers on the hook, according to a report.

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Real Estate & Mortgage News

  5/29/2015 | Posted in Mortgage News by Forest Hill Real Estate Signature
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Canada’s national housing agency says it’s now insuring a record low 50 per cent of new residential mortgages, and it doesn’t intend to let it drop any ... More

Real Estate & Mortgage News