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Bank of Canada comments offer light at the end of the tunnel for real estate, mortgage markets, experts sayThe Bank of Canada signalled it would put the interest rate hiking cycle on pause — at least for now. Find out more.
Source: financialpost - 🏆 7. / 85 Read more »
Credit unions that offer homebuyers way around stress tests set to growA mortgage analyst estimates hundreds of millions of dollars' worth of mortgages have been underwritten using contract-rate qualification
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Majority of affordable homes approved under federal program not yet constructedA document put together by the Canada Mortgage and Housing Corp., which is dated Nov. 30, says only 1,449 units have been completed. dimitrikozma 🤔 Sounds about right. That’s government at work I find the concept fascinating. Knock down old, affordable. But hey! Imagine this! We will build brand new and affordable just like before! New buildings for around the same rent! Really? I'd say government subsidy for average earners in the new buildings. Unaffordable new.
Source: VancouverSun - 🏆 49. / 61 Read more »
Document shows majority of federal affordable homes approved not yet constructed - National | Globalnews.caThe response from Canada Mortgage and Housing Corporation, which is dated Nov. 30, says only 1,449 affordable units have been completed. Key point here. BC seems to be getting it done. They will end homelessness for show! lol🤣
Source: GlobalNational - 🏆 81. / 51 Read more »
Credit unions that offer homebuyers way around stress tests set to growA mortgage analyst estimates hundreds of millions of dollars' worth of mortgages have been underwritten using contract-rate qualification
Source: YahooFinanceCA - 🏆 47. / 63 Read more »