by Cindy Freiman | Nov 25, 2024 | News
Housing industry experts agree that new mortgage rules taking effect on Dec. 15, 2024, will have a positive impact on the road to recovery for the Canadian housing market. However, their effectiveness will likely be short-lived, hindered by several factors. The two...
by Brendon Ogmundson | Nov 6, 2024 | Columnists
When it comes to housing policy, there are never easy answers, and there are always trade-offs that need to be balanced. When the federal government recently announced increasing amortizations to 30 years for first-time homebuyers along with increasing the cap on...
by Angela Calla | Oct 7, 2024 | Advice for Agents, Guest Columns
Recent changes in the housing market present exciting opportunities for homebuyers. As a realtor, your role is crucial in guiding clients through these updates, helping them build effective plans to achieve their homeownership goals by having them reach out to a...
by REM Editorial Team | Sep 20, 2024 | Boards & Associations, News
On Monday, the federal government announced changes to mortgage rules to help more qualified buyers access mortgages and become homeowners. The changes, taking effect this year on December 15, include allowing 30-year amortizations for first-time buyers and for newly...
by REM Editorial Team | Jul 25, 2024 | News
Yesterday, the Bank of Canada lowered its overnight lending rate by 25 basis points to 4.5 per cent, the second consecutive rate cut this year. The Bank says that growth in the Canadian economy has picked up but is still below long-term potential and that our...
