Government of Canada Takes Action to Strengthen Housing Financing
Mortgage changes target ‘reckless’ buyers: Flaherty
The question most heard yesterday was, “what 5 year rate will they have to qualify on?”.
It will be the 5 year rate at that institution granting the commitment. As the client was having to qualify on that institutions 3 year rate, it will now be their 5 year rate.
T ...
Canadian real estate sales and prices are poised to set records this year, according to a new forecast that is bound to reignite calls in some quarters for tighter lending rules.
The Canadian Real Estate Association, which represents 100 boards across the country, said Monday it expects existing-home sales to reach 52 ...
Deciding on a mortgage
It is generally less expensive to continually roll over a short-term mortgage than to commit to a long-term one
Eric Tyson and Tony Martin
Published on Tuesday, Feb. 02, 2010 1:04PM EST Last updated on Tuesday, Feb. 02, 2010 1:06PM EST
This is the sixth in a series of 10 excerpts from Investing for Canadians for Dummies.
Whether to go for a short- or long-term ...
