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My Mortgage Blog — Latest Posts
Is Your Mortgage Deferral Coming to an End? Here’s What You Can Do…
Many of Canada’s lenders and mortgage insurers stepped up to the plate at the height of the pandemic by offering homeowners the option to defer their mortgage payments by up to six months....
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Canada Mortgage and Housing Corporation (CMHC) is in the news again
Evan Siddall, CEO of CMHC, recently released a letter to CMHC-approved Lenders that said, in part, "There is a dark economic underbelly to this business that I want to expose”. He may be...
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Planning to Buy a Home? You’re Not Alone
Despite the havoc COVID-19 has wrought upon the economy, the dream of homeownership remains unmoved. In fact, more Canadians are now interested in purchasing a home compared to before the...
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BANK OF CANADA SLIGHTLY LOWERING STRESS TEST TO 4.79%
Canada's Mortgage stress test falls for 3rd time since pandemic.The bar at which the finances of Canadian mortgage borrowers gets tested has just been lowered, making it easierfor would-be home...
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