by Kunal Sawhney | Apr 13, 2022 | Columnists
Discussions on the housing market focus primarily on prices and stakeholders including sellers, buyers and real estate agents. By this measure, the Canadian housing market may be in a golden period. The latest data suggests that over 58,000 houses found new owners in...
by Kunal Sawhney | Jun 23, 2021 | Columnists, Featured
Money is a limited resource. There is a reason why the Bank of Canada oversees the country’s monetary policy. If there’s enough liquidity in the market, people and businesses tend to borrow. Increased borrowing translates into spending and the resulting debt may turn...
by REM Editorial Team | Apr 30, 2021 | Products
More than half of Canadians do not shop around for their mortgages and over the course of their amortization, they may end up paying thousands of dollars more than is necessary, says Toronto-based Homewise. Results from an early April 2021 cross-Canada poll by...
by REM Editorial Team | Dec 21, 2020 | News
With mortgage deferral periods ending, current indications are “quite encouraging” that most homeowners will be able to make their payments, says a recent report by Mortgage Professionals Canada. “Earlier fears (and some dire economic forecasts) now appear to be much...
by REM Editorial Team | Oct 28, 2020 | News
A recent survey by BMO says 57 per cent of homeowners are planning to opt for a fixed-rate mortgage. Of those who are still trying to decide what type of mortgage to arrange, more than 30 per cent say COVID-19 has made them more likely to gravitate towards a...