6/15/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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The U.S. Federal Reserve raised its trend-setting interest rate on Wednesday for the third time in six months to the highest level since the global financial crisis hit in the ... More

Real Estate & Mortgage News

  6/15/2017 | Posted in Mortgage News by Forest Hill Real Estate Signature
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Canada's central bank, which had long said interest rates are too blunt a tool to tackle the country's housing market, may have finally decided to act and at least ... More

Real Estate & Mortgage News

  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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  6/12/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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The Bank of Canada offered its strongest signal yet that it’s ready to raise interest rates as the economy gathers steam, in surprise comments that sent the Canadian ... More

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  6/12/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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The latest jobs performance could put pressure on the Bank of Canada to increase interest rates, according to one veteran.

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  6/8/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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Rates at alternative lenders have increased by as much as 150 basis points since the start of April

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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

  5/3/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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The current troubles of Home Capital Group might lead to higher mortgage rates for less credit-worthy borrowers if concerns about the sector trigger an increase in funding ... More

Real Estate & Mortgage News

  4/28/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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Here’s the least surprising news you’ll hear all day: Interest rates are not doing what most experts predicted.

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  4/13/2017 | Posted in Home Buyers by Forest Hill Real Estate Signature
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Almost 1 in 4 homebuyers is buying on their own, often due to unexpected life changes. A new survey from TD found that 69 per cent of divorced and 35 per cent of widowed ... More

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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

  3/17/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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The possible impacts of the U.S. Federal Reserve’s decision on March 15 (Wednesday) to raise its key interest rate from 0.75 per cent to 1 per cent should not be ... More

Real Estate & Mortgage News

  3/15/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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The Federal Reserve has raised its benchmark interest rate for the second time in three months and signalled that any further hikes this year will be gradual. Higher rates ... More

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  3/14/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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Locking in a rate before mortgages become more expensive is the best choice at present, as recent developments have pointed at a possible U.S. Federal Reserve rate hike in ... 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

  2/24/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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In the wake of its report on the unsustainability of the Canadian housing market, Fitch Ratings predicted that mortgage rates will remain at record-low levels for the first six ... More

Real Estate & Mortgage News

  2/21/2017 | Posted in Mortgage Tips by Forest Hill Real Estate Signature
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You shopped around for the best deal on your mortgage and weighed the pros and cons of going with a fixed-rate or a variable-rate loan, but another key factor to consider is ... 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

  1/18/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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The Bank of Canada is holding its benchmark interest rate at 0.5 per cent and providing a deeper assessment of the risks associated with the big economic unknowns of a Trump ... More

Real Estate & Mortgage News

  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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Real Estate & Mortgage News

  1/14/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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With the release of the Bank of Canada’s most recent Business Outlook Survey came insights into the central bank’s policy position – and, indeed, the future ... More

Real Estate & Mortgage News

  12/16/2016 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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Any move by the U.S. Federal Reserve will have a noticeable impact on the Canadian financial system - and this is especially true for any fluctuation in the Fed’s ... More

Real Estate & Mortgage News

  12/12/2016 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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There are few certainties in life, but if the economists and experts who monitor the U.S. central bank are to believed, one of them is that the Federal Reserve is going to ... More

Real Estate & Mortgage News

  12/7/2016 | Posted in Mortgage News by Forest Hill Real Estate Signature
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The Bank of Canada is holding its benchmark interest rate at 0.5 per cent as economic conditions move along largely in line with its expectations.

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Real Estate & Mortgage News

  11/25/2016 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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Bank of Canada Governor Stephen Poloz is set to give a speech Monday which could give hints about whether an interest rate cut is coming on Dec. 7.

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Real Estate & Mortgage News

  11/24/2016 | Posted in Real Estate Market by Forest Hill Real Estate Signature
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A lot can change in six months. Check out the five recent developments that have altered our understanding of the Canadian real estate market.

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Real Estate & Mortgage News

  11/19/2016 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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Shopping for a mortgage, these days, is a lot like shooting those tin ducks at the carnival. To get the best mortgage rate deal you need to hedge and shop ... More

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

  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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