Earlier this year, the Office of the Superintendent of Financial Institutions (OSFI) announced its launch of public consultations on three new mortgage underwriting regulations intended to go beyond the existing minimum qualifying rate—otherwise known as the mortgage...
It turns out that millennials have forged their own path through life, ignoring the prognostications of “experts†who said they had them all figured out. In the housing industry we pay particular attention to the behavioural patterns of millennials, those in their...
The people can be forgiven for viewing elections with indifference. Like a spouse’s obsession with binge watching old television shows (that weren’t great when new), the themes can seem dully repetitive. Yet for those in the real estate industry, the pandemic-fuelled,...
On March 4, Bank of Canada joined other central banks in cutting its target interest rate, an appropriate step that it believes will mitigate the damage caused by the coronavirus. This new health scare has impacted families in many countries around the world and in...
For more than a century, Royal LePage has been a leader in the Canadian real estate industry. To build and sustain a great enterprise you must have great people, and there have been many who have left their mark on the firm. With history as our lens, a small handful...