Canada's banking regulator said on Wednesday it will make it easier for borrowers to switch banks when they renew their ...
The Canada Mortgage and Housing Corp. says construction of new homes in Canada's six largest cities rose four per cent ...
Two upcoming mortgage rule changes — affecting down payments and amortization periods — could have a major impact on your ...
As of Nov. 21, the Office of the Superintendent of Financial Institutions will no longer require banks to apply the mortgage ...
The national banking regulator says it will no longer require borrowers with uninsured mortgages to undergo a stress test ...
On Sept. 23, reporters Rachelle Younglai and Erica Alini answered readers’ questions about the impact of Canada’s new ...
Homeowners switching mortgages to new lenders at renewal will soon no longer have to requalify under the stress test as Canada's banking regulator moves to drop the requirement.
Forbes Advisor Canada reviews Simplii’s rates and products to help you decide if these are a good choice for your mortgage.
Is your salary enough to buy a home in these Canadian cities? Here’s how much you need to earn based on August real estate ...
OSFI’s new rule is for straight switches of uninsured mortgages at renewal — a “straight switch” means the borrower will keep the same amortization schedule (length of time it takes to pay off the ...
The regulator said in an email the lifting of the mortgage-stress test would apply to switches of uninsured mortgages that are renewed at a new lender. Mortgages in Canada require insurance if the ...
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