Whether you’re starting your home search or you just bid on the place of your dreams, getting denied for a mortgage will stop you cold. ... More

Unconditional offers are poor choices and our courts have shown little empathy for failed purchasers, repeatedly holding that vendors have no obligation to accommodate purchasers ... More

Many Canadians are under the assumption their mortgage is as good as done once they have a mortgage pre-approval. ... More

Effective June 1, the federal mortgage stress test increases to 5.25 per cent, or about four times higher than what major lenders are actually charging ... More

The trend in housing starts was 273,664 units in March 2021, up from 252,636 units in February 2021, according to Canada Mortgage and Housing Corporation (CMHC). ... More

In a report to clients Thursday, TD Senior Vice-President and Chief Economist Beata Caranci said that ultimately, rock-bottom interest rates are to blame and warned against any ... More

In the pandemic-linked housing boom, average residential property values have become decoupled from average incomes over vast swathes of the country. ... More

With the lowest rates for five-year fixed mortgage products in Canada having risen last month for the first time since January 2020, speculation began to mount in the mortgage ... More

Canada's financial regulator, which has been planning changes in its four-year-old mortgage stress test, on Thursday proposed making it tighter, following concerns that the ... More

Canada’s top banking watchdog is about to take another stab at overhauling its stress test on residential mortgages. ... More

One in five Canadians are hoping for a significant fall in housing prices, a sign of the mounting frustration felt by many people looking to get into the country's hot ... More

Non-bank lenders have seen the rate of arrears on insured mortgages go roughly 50% higher than their uninsured counterparts, according to data from Statistics Canada. ... More

The Bank of Canada left interest rates and its asset purchase program unchanged, in a decision that may dampen speculation of an imminent paring back of its stimulus campaign. ... More

Amid a hot housing market in major Canadian cities that has pushed ownership further out of reach for young first-time prospective home buyers, there are increasing calls for the ... More

CIBC Deputy Chief Economist Benjamin Tal said many Canadians aren’t prepared for a shock to their mortgage rates as a result of volatility in the bond market. ... More

Nearly half of Canadians aged 25 to 35 own their home; one quarter of these homeowners have purchased a property since the onset of the COVID-19 pandemic, while 52% say remote ... More

Canada's top central banker said Tuesday that the economy would continue to need monetary stimulus, likely until 2023, even though there are already signs it could be ... More

The share of renters who are planning to buy has quadrupled, and what they want to buy is changing. ... More

Immigration to Canada fell to the lowest level since 1998. ... More

Got 34 years to save up for a house? The threshold every buyer has to meet to own a home ― the minimum down payment ― has reached Canada’s highest level on ... More

Despite quickly rising home prices and the uncertainty unleashed by the COVID-19 pandemic, a majority (80%) of Canadians still believe home ownership is a good investment. ... More

While Canada’s economy recorded its largest-ever annual drop of 5.1% last year, it’s also on track to post a comeback in Q4, which could force the Bank of ... More

Lenders "have never seen as many as they have now". ... More

Plan ahead when buying a home to save yourself time and stress. ... More

Canadian Mortgage Debt Increased 7.4% in November compared to a year earlier, pushing total up to nearly $1.66 trillion, according to StatsCan. ... More

Affordability and space limitations continue to impact purchase decisions as only 14% of Canadians polled would consider buying a home in a major metropolitan area. ... More

People ditched their condos, there was an exodus to the suburbs and an uptick in home renovations ... More

There is an alarming trend that is quite rampant in the Toronto area, and it’s causing havoc on real estate transactions. Perhaps other cities in Canada are experiencing the ... More

In light of the past six months of COVID-19-triggered uncertainty, home sales in Canada have been shockingly brisk as a combination of FOMO and low interest rates keep drawing ... More

Shortages for lumber and other building materials are driving up construction costs this year. ... More