Canadian Mortgage Statistics & Market Share Results Released
Mortgage News / Mortgages

Canadian Mortgage Statistics & Market Share Results Released

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 in 2009. Here are some of the stats: NHA and Conventional Mortgage Loans Approved by … Continue reading »

Is the Canadian Mortgage Industry’s Perfect Storm Influencing Consumer Behaviour?
Economic News / Mortgage News / Mortgages

Is the Canadian Mortgage Industry’s Perfect Storm Influencing Consumer Behaviour?

The mortgage industry has weathered the perfect storm over the past 3 weeks as we’ve seen: Fixed mortgage rates increase 0.85% in 3 weeks New mortgage regulations coming into effect (new 5 year posted qualifying rate, 90% maximum refinancing, and 20% minimum down payment for investment related insured mortgages) Bank of Canada announcing their key … Continue reading »