Mortgage rates are finally starting to trend lower, but there’s little relief for home buyers as affordability conditions worsened across Canada …
Read articleMortgage stress test
It became all the more challenging to purchase a home in March despite stabilizing mortgage rates and a slightly lower stress test. The latest …
Read articleCanada’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.
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