It became all the more challenging to purchase a home in March despite stabilizing mortgage rates and a slightly lower stress test. The latest …
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Canada’s banking regulator, the Office of the Superintendent of Financial Institutions (OSFI), is planning to toughen up borrowing requirements for some mortgage applicants.
Read articleMortgage rates have ticked down slightly in recent weeks, with optimism of more cuts around the corner – but heating spring home prices have …
Read articleWill 2024 usher in a new era of home affordability? The latest numbers reveal that – at least in the short term – buying conditions have improved, …
Read articleStubbornly high mortgage rates made for a “terrible” year for borrowers and prospective home buyers alike, as affordability declined across the country over the course of 2023.
Read articleCooling home prices continued to ease affordability conditions across much of Canada in November, despite persistently high mortgage rates. According …
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