CBC News, March 16, 2016 Via/ http://www.cbc.ca/news/ Canada Mortgage and Housing Corporation is continuing to explore the possibility of forcing banks to shoulder more of the risk associated with home mortgage loans. During a speech in Calgary, CMHC president and CEO Evan Siddall said the option of requiring lenders to pay a deductible on mortgage (…) Continue Reading →
Archive | March, 2016
Mar
22
Saskatoon Mortgage Broker shares article- How first-time home-buyers are bridging the gulf between their dreams and reality
Melissa Leong, Mar. 15, 2016 Via/http://www.financialpost.com/ Anyone wanting to buy her first home, especially in a big city, sees the gulf between her dreams and reality. A so-called starter house in Toronto and Vancouver may cost more than $1 million. In January, the average price of detached homes hit a record high of $1.83 million (…) Continue Reading →
Mar
21
Saskatoon Mortgage Broker shares article – Average Canadian home now costs more than $500,000
Average Canadian home now costs more than $500,000, CREA says CBC News, March 15, 2016 Via/ http://www.cbc.ca/news/ The average Canadian home is now worth more than $500,000 for the first time ever. Monthly sales data from the Canadian Real Estate Association released Tuesday show the average price of a Canadian home was $503,057 in February. That’s an (…) Continue Reading →
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