Industry Archives - Canadian Mortgages Inc.

Industry

Overcoming Housing Affordability Challenges

25 October, 2019 / by

Movements in the rental market are great indicators of the state of housing affordability. When people can’t afford to buy, they rent, and when there’s an influx of renters in a sector with limited housing supply, landlords are able to charge more. The apartment-hunting platform, Rentals.ca, re...

Rethinking the Renovation

24 October, 2019 / by

Do Home Improvements Improve Value? According to a CIBC poll, only 32% of homeowners who’ve decided to renovate came up with a detailed budget. That’s only half the story. Of those who recently renovated, 39% went over budget. The same study found that 49% of Canada’s homeowners planned to re...

The Right Rate: Fixed or Variable?

/ by

In a statement released in July of 2019, the Bank of Canada (BOC) reported positive trends in the national housing market. “At the national level, the housing market is stabilizing, although there are still significant adjustments underway in some regions.” With real estate prices fluctuating in...

Why Borrowers Choose a Private Mortgage

/ by

More Canadians have started to turn to private lenders in search of mortgage financing. With mortgage regulations continually becoming stricter and tightening the lending gap, many would-be homeowners are being squeezed out of their dreams. Private mortgages abide by a similar set of parameters as ...

Raising Property Value and How to Pay for It

/ by

For most people, a house is the most expensive purchase they will make in their lifetime, and aside from the obvious (having a place to live), homebuyers have incomparable incentives to own property. Not only do they secure a home for themselves and their families, but a real estate asset can also b...

New 2018 Canadian Mortgage Rules To Drive Private Lending Demand

6 April, 2018 / by

On January 1st, 2018, Canadians woke up to a very different lending environment. New rules instituted by the Office of the Superintendent of Financial Institutions (OSFI) include a requirement that all federally-regulated lenders (e.g., big banks) adhere to appropriate loan-to-value (LTV) standards,...

Can’t Get a Bank Mortgage? How Do Private Mortgages Work?

1 September, 2017 / by marketing

Not everyone can qualify for a mortgage these days. Government regulations targeting down payments, investment properties and high-ratio buyers mean that more Canadians won’t qualify for a home loan. It’s often said that housing is the bedrock of the Canadian economy. But for years, federal reg...

Shopping for Mortgage Rates in Ontario: What You Need to Know

20 June, 2017 / by marketing

If buying a home is the biggest investment you’ll ever make, the mortgage you need to finance it will probably be the largest debt you ever assume. Mortgage rates have a significant impact on the overall cost of your home. Even a slight difference in the rate you pay can mean huge savings over ...

Benefits of Alternative Investments: The Case for the Mortgage Investment Corporation

22 March, 2017 / by marketing

Banks, institutions and high net-worth individuals have long appreciated mortgages as an alternative investment. Now, accredited investors can also use mortgages to grow their wealth. Make money on debt. That’s the general idea behind the Mortgage Investment Corporation (MIC), an alternative inve...

Canada’s Mortgage Rates Remain Low – For Now

12 December, 2016 / by marketing

Canada’s mortgage rates remain near historic lows, but developments south of the border indicate a shift may be under way. Homebuyers shuttered last month after RBC and TD Bank raised mortgage rates after the so-called “bond vigilantes” responded to Donald Trump’s shocking victory in the US...

Ottawa’s New Mortgage Rules Could Trigger Affordability Crisis for Canadians

8 October, 2016 / by marketing

Ottawa’s new mortgage rules are designed to stabilize the housing market, but could actually create more affordability challenges for cash-strapped Canadians. The Canadian government recently announced new measures to stabilize the housing market. But economists in Ottawa are concerned they could...

Canadian Mortgages Are Ballooning to Keep Up With House Prices

29 August, 2016 / by marketing

Since 2007, the average residential mortgage in Canada has surged 71%, placing even bigger strain on households. Canada’s mortgage industry has expanded over the past nine years, growing in lockstep with surging house prices. This has some in the mortgage industry concerned that a housing correct...

Money Talks: Volume 1 (2016)

12 July, 2016 / by marketing

Britain’s decision to leave the European Union continues to dominate headlines and conversations around the world. But after last week’s stock market rally, have investors finally gotten over the Brexit doomsday scenario? Not so fast! Technically, Brexit has not happened yet. In fact, it’ll t...

Canada’s Housing Market Review: March 2016 Edition

14 April, 2016 / by marketing

Housing Activity Remains Elevated Despite Lackluster Economy Canada’s housing market remained robust in March, as demand for multi-unit dwellings trumped rising unemployment and slower wage growth that could make it more difficult for households to afford homes. Housing Starts Rise Groundbrea...

Job Loss at BMO shows Mortgage Specialists not Working Out for the Bank

11 December, 2013 / by marketing

It doesn't seem like it was that long ago when RBC cut dozens of jobs and decided to outsource, and caused a global controversy over the move. They soon apologized afterwards and spoke of trying to keep jobs in the country, and we seem to have largely forgotten about it. Now, Bank of Montreal is mak...

Industry

25 October, 2019 / by

24 October, 2019 / by

/ by

/ by

/ by

6 April, 2018 / by

1 September, 2017 / by marketing

20 June, 2017 / by marketing

22 March, 2017 / by marketing

12 December, 2016 / by marketing

8 October, 2016 / by marketing

29 August, 2016 / by marketing

12 July, 2016 / by marketing

14 April, 2016 / by marketing

11 December, 2013 / by marketing

Follow CMI

Categories

Featured Stories

Buying a house or rental property is a lot of work. The last thing you...

Ontario’s cooling housing market has been no match for Canada’s bo...

Not everyone can qualify for a mortgage these days. Government regulat...

It’s often said that a home is the biggest investment you’ll ever ...

Investors, developers and property owners are all optimistic about Can...

It has been an eventful year for the Canadian economy: above average g...

Join Our Newsletter

Resources

Our Services

Useful links

GET IN TOUCH