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 David Larock | Aug 24, 2020 | Featured, Guest Columns
Mortgage rates continue to fall, and the mortgage stress-test rate that is used to qualify mortgage applications also fell from 4.94 per cent to 4.79 per cent. This marks the first drop in the mortgage stress-test rate since COVID-19 began. By comparison, actual...
by REM Editorial Team | Aug 7, 2020 | News
A new report by Mortgage Professionals Canada (MPC) says most current homeowners are comfortable with their current mortgage debt and remain pleased with their decision to purchase a home. “What we have seen clearly is that the vast majority of homeowners are not...
by Don Procter | Feb 12, 2020 | Featured, News
Will the federal government’s current review of the mortgage stress test (Guideline B-20) result in adjustments to the rules, allowing more consumers into the home buying market – particularly in cities and provinces where housing affordability is not a crisis?...
by REM Editorial Team | Jan 29, 2019 | News
Federal policy changes designed to cool housing prices and demand continue to impact housing markets across Canada with cascading consequences and pressures, says a new report by Mortgage Professionals Canada (MPC). The slowdown in the various housing markets across...
