Homeownership Opportunities About to Improve
The Canadian mortgage market continues to grow, helped by low mortgage rates that make home ownership possible, even as housing prices rise, according to a report released today by the Canadian Association of Accredited Mortgage Professionals (CAAMP).The report, authored by CAAMP’s chief economist Will Dunning, was based on information gathered by Maritz Research in a […]
A credit crunch is unlikely, even allowing for a marked rise in loan defaults, according to BCA Research
Further analyst downgrades likely in the coming months
Homebuyers combining fixed and variable options
As the U.S. housing market falters with the demise of subprime lenders, the latest figures show all aspects of the Canadian market going strong with experts predicting a refinance boom.Alex Haditaghi, CEO of MortgageBrokers.com said the housing market was “quick out of the gate this year,” driven by many aspects including moderate interest rates, high […]
Subprime market makes up 5% or less of all outstanding mortgages in Canada
Growing company promises speed, simplicity, consistency
Homebuying intentions are holding steady
Agencies issue proposed statement