Making headlines this week was Canada Mortgage Housing Corporation’s (CMHC) announcement that they are approaching the $600-billion cap set by the federal government (I would guess so considering they were backing nearly $541-billion in mortgages by the end of 2011). The main driver is an unexpected level of requests for portfolio insurance by lenders.
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It has always made sense to run your home as efficiently as possible, energy wise. But the stakes are higher these days. Gas and electricity prices are on the rise. Will they go higher? Oh, you bet!
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The CMHC released their latest Housing and Marketing Information report on Mortgage Lending 2009. It provides some great information on the volumes of mortgages issued by banks and other lenders as well as the market share for CMHC approved mortgages …
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CMHC’s latest report on Canadian housing starts was released this morning and showed that the seasonally adjusted annual rate of housing starts in April 2010 was up 2,500 units or 1.3% over March 2010 to 201,700 units. This is the …
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The CMHC (Canadian Housing and Mortgage Corporation) which provides mortgage insurance to Canadians with less than 20% deposits on home purchases, completed an on-line survey of 2,507 recent mortgage consumers — all prime decision-makers — and the result is a …
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