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Mortgage

OSFI KEEPS HELOC LOVERS IN LONG WAITED REGULATIONAL UPDATE

June 30, 2022 by xeronmer

Welcome to Mortgage Rundown, a sneak peek into Canada’s mortgage finance landscape from a mortgage strategist Robert McCallister. Some fear …

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Canada’s excellent unemployment rate is a boon for banks and the housing market – but no one seems to notice

June 30, 2022 by xeronmer

A customer enters a restaurant with the help of wanted signs on November 17, 2021 in Laval, Kew.Ryan Remours/The Canadian …

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OSFI takes a small step to reduce equity borrowing

June 30, 2022 by xeronmer

A new home is offered for sale in a new housing project in Ottawa on July 14, 2020.Sean Kilpatrick/The Canadian …

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The Next Round of Parental Financing Support for Adult Children: Help Pay Off the Mortgage

June 27, 2022 by xeronmer

It seems like you can never close the book on the cost of being a father. An event in life …

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How do you budget as a couple when one of you earns so much more than the other

June 24, 2022 by xeronmer

Ottawa couple Nicole McCray, left, and Sarah Mannes keep all of their bank and investment accounts separate but try to …

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With the housing market slowing down, expensive mortgages have become the most popular last resort

June 23, 2022 by xeronmer

The average Canadian home is down 12.9 percent of its value in just three months, according to the latest Canadian …

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In Toronto real estate, buyers have the upper hand

June 22, 2022 by xeronmer

8 Sandpiper Court in Toronto.printing market The reality of the rapid and dramatic change in the real estate market in …

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The founders of the real estate investment firm Fortress Real Developments Inc. by fraud

June 22, 2022 by xeronmer

Vince Petroza, Fortress Real Developments’ chief operating officer, left the company’s offices in Richmond Hill, Ontario, in 2017.Chris Hellgren/Reuters The …

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Monthly payments on variable rate mortgages can increase as borrowers approach ‘startup rate’

June 22, 2022 by xeronmer

An obscure feature of variable rate mortgages may increase the monthly payments for a growing number of borrowers as the …

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Canada mortgage stress test saves us from financial ruin. Will the haters finally admit it?

June 18, 2022 by xeronmer

House for sale in Ottawa on June 15th.Spencer Colby/The Globe and Mail The anger was so clear and widespread that …

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