What OSFI’s Tightened Rules on Uninsured Mortgages Means for Homebuyers
Buying A Home / First Time Home Buyers / Home Ownership / Mortgage News / Mortgages / Refinancing and Renewing / RSM News

What OSFI’s Tightened Rules on Uninsured Mortgages Means for Homebuyers

The Office of the Superintendent of Financial Institutions (OSFI) is proposing stricter rules on uninsured mortgages that could have an even more profound effect on the housing market. Will house prices decrease? Will there be less competition? Continue reading »

Friday Mortgage Round Up: June 29th, 2012
Mortgage News / Mortgages

Friday Mortgage Round Up: June 29th, 2012

We’re starting to witness the effects of last week’s guideline and policy changes for the secured lending industry. Potential first time home buyers aren’t the only ones feeling the belt tighten – many mortgage agents who cater to this market are biting their nails as buyers may increasingly choose to stick with the renting market. Looks like everything comes with a price – even affordability. Continue reading »