There’s A New Threat Stalking Canada’s Homebuyers Daniel Tencer, HuffPost Canada It seems like Canadian homebuyers just can’t catch a break. For years, housing affordability was being eroded by… read more →
BMO and CIBC’s Simplii warn fraudsters may have accessed clients’ data The Canadian PressMay 28, 2018 TORONTO — Two of Canada’s biggest banks warned Monday that “fraudsters” may have accessed certain personal and… read more →
Bank of Canada raises key metric used to determine mortgage eligibility The central bank qualifying rate is separate from the actual mortgage rates offered by banks to borrowers, but is… read more →
10 things every first-time homebuyer should know Finances aren’t the only consideration Sept. 1, 2017 The Star The key issue for first-time buyers is how much they have to put… read more →
Growing risks on the horizon for Canada’s banks DBRS remains concerned over increasingly elevated Canadian home prices and high household debt levels James Langton Investment Executive | February 12, 2018… read more →
Reverse mortgages are a growing temptation, but proceed with caution We can no longer dismiss the reverse mortgage as an icky last resort for the financially desperate home owner. Introduced… read more →
Market Minute by KUTYN Hapy New Year For the Comox Valley and Campbell River, the year ended pointing to gains in the single-family average price of 19% and 18%… read more →
Stress tests, foreign buyers and higher rates likely to impact housing market in 2018 New OSFI regulations and a requirement for more open data have changed the rules By Pete… read more →
Housing affordability in Canada at worst level since 1990: RBC Nicole Gibillini, BNN.ca Staff Buying a home in Canada less affordable now than any time since 1990: RBC RBC Economics… read more →
Market Minute by KUTYN Great time to list… The statistics indicate that for both the Comox Valley and Campbell River the number of units sold is down compared to… read more →