Canada plans to increase credit access for the country’s riskiest borrowers in the years to come. A re-elected government may not seem like change, but they promised a big one — larger insured mortgages. High-ratio borrowers will see an increase of up to 25% of their maximum mortgage size. Expansion of credit during a low…
Our last blog showed an analysis of the nationwide real estate market during the month of September, where prices had gone up and in most cases, sales as well. The real estate market in the country has generally been doing well, especially with rise of foreign investors on the West Coast. But are things set…
When it comes to the Canadian housing market, you’ve likely heard the sensationalized phenomenon of the housing bubble that is about to burst at any moment. The conditions to this prophetic, real estate apocalypse began just prior to the 2008 global financial crisis: there was a strong economy, low interest rates, and more lenient lending…
