by Susan Doran | Mar 26, 2024 | News
If you’ve wondered how the Bank of Mom and Dad is faring in these dodgy economic times, rest assured it’s more popular than ever. Recognizing that it’s harder to buy a home now than when they were young, in recent years Canadian parents have passed billions of dollars...
by REM Editorial Team | Dec 18, 2023 | News
With all of the housing market challenges and financial strains on people these days — including a housing shortage and persistently high interest rates — you might be surprised that the outlook on home ownership of many Canadians is actually positive, according to a...
by REM Editorial Team | Oct 26, 2023 | News
Since March of last year, the Bank of Canada has raised interest rates an unprecedented nine times. Not only that, but the rates themselves have swung from historic lows to a 20-year high. Resulting monthly expenses have been just too steep for many mortgage holders....
by Freddy and Linda Marks | Feb 10, 2022 | Columnists, Featured
Canadian Mortgage and Housing Corporation was created in 1946, as a Crown corporation dedicated to helping Second World War soldiers and those affected by the Depression get access to affordable mortgages to buy a home. As the country and economy grew, CMHC took on...
by REM Editorial Team | May 14, 2018 | News
A study by Genworth Canada says that millennials are now driving the housing market. Canadians remain committed to homeownership and those who own a home have better financial outcomes than those who do not. It says homeowners are far more likely to say they are in...
