My Mortgage Blog — Latest Posts
OSFI Publishes Final Guideline B-20
The Office of the Superintendent of Financial Institutions Canada (OSFI)publishedthe final version of itsGuideline B-20. The revised Guideline, which takes effect January 1, 2018, applies to all...
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CMHC to Increase Mortgage Insurance Premiums
Type blog post bodyCMHC to Increase Mortgage Insurance PremiumsOTTAWA, January 17, 2017 —CMHC is increasing its homeowner mortgage loan insurance premiums effective March 17, 2017. For the average...
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Stressing over the debt-to-income ratio? Don't!
The debt-to-income ratio has hit the headlines again. This time the ratio rose to 167.3 % in the fourth quarter of 2016 compared to 166.8% in the third quarter. That means for every dollar of...
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8 in 10 Millennials Intend to Buy in 5 Years
Type blog post body text hAbout a third (34%) of millennials (Canadians born in the 80s and 90s) are homeowners, findsa newHSBC survey.Of those who don’t own, 82% plan to buy in the next five years....
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