OSFI Looks To Tighten Mortgage Underwriting Rules, Opens Public Consultation
The Office of the Superintendent of Financial Institutions (OSFI) launched a public consultation of Guideline B-20 on Residential Mortgage Underwriting
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Real Estate
Canada Addresses Real Estate Crisis By… Banning Foreign Ownership?
The Canada Mortgage and Housing Corporation has issued regulations regarding the restriction on foreign homebuyers as the new real estate
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BMO Says Natural Disasters are Bullish for Real Estate Investors
On December 16th, BMO Capital Markets provided their 2023 real estate services sector outlook. They say they cover many companies
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Mortgage Amortization, Illustrated
Mortgage amortization is the length of time it will take to pay off the entire interest and principle of a
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Toronto Mayor John Tory Wants You To Learn Real Estate From Monopoly Instead
Yes, the board game, which–according to the 68-year old PC mayor–is sometimes better than a “financial literacy course.” As Toronto
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Canada: The Country of Renters
Canada, the nation typically heralded for the relative ease it takes to climb the social ladder, is now becoming a
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Blackstone Withdrawals Mostly Coming From Asian Investors
Last week, after the WSJ announced that Blackstone Inc (NYSE: BX) would be selling its 49.9% stake in two Las
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Blackstone Shares Slump As Real Estate Fund Hits Redemption Limit
After exceeding redemption limitations this quarter, Blackstone Inc.’s (NYSE: BX) $69 billion real estate fund for wealthy individuals announced it
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More Than 40% of Small Business Owners In the U.S. And Canada Could Not Pay Full Rent In November
Small business conditions may be more fragile than even bearish observers fear and seem to be worsening quite rapidly in
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The Royal Bank Has No Interest In Lower Housing Costs
In our last post about housing costs, this column looked at the anatomy of the average mortgage, and the squeeze
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