The smaller number of first time buyers is already impacting the resale market
With low interest rates and rising house prices, many Canadians are carrying mortgage debt into retirement. While that's not necessarily always a poor choice, clients need to be aware of the trade-offs that they are making
BoC gets some breathing room on interest rates
Full implementation of the new guideline is expected by the end of fiscal 2012
New rules bring shorter terms and lower financing limits
Final rules to be published soon
The ability of analysts to estimate principal payments by mortgage holders to banks has improved
Royal Bank and CIBC most exposed to potential mortgage risk
The decision to exclude insured mortgages from regulated covered bonds in Canada will likely increase the cost of future issuance
Homebuyers are taking steps to minimize the amount of interest they’ll pay