Bank of Canada Lowers Mortgage Rates to 4.79% Amid CMHC’s Warning Regarding Risky Mortgages
The Bank of Canada has decided to further decrease its benchmark five-year mortgage rate to 4.79%. This is the third
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Canadian Mortgage and Housing Corporation
CMHC Releases Preliminary Housing Starts Data for Month of May
The Canada Mortgage and Housing Corporation (CMHC) has recently released preliminary housing starts data for the month of May. The
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CMHC Tightens Mortgage Borrowing Criteria
Recently, Canada’s housing agency has decided it will be implementing a series of measures aimed at high-risk mortgage borrowers, in
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Metro Vancouver Home Sales Fall by 44% Despite Prices Remaining High
As a result of physical distancing measures and stay-at-home orders being imposed across Canada as a means of mitigating the
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CMHC Predicts Housing Prices Could Fall by 18%, Considering Reducing its Underwriting Practices
The Canadian Mortgage and Housing Corporation (CMHC) is considering reducing the number of mortgage underwriting applications the agency processes in
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Canada Mortgage and Housing Corp: House Prices To Decline 9 – 18%
The Canadian Mortgage and Housing Corporation (CMHC) has recently issued an update regarding its ongoing efforts in the Canadian housing
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