We feel it is paramount to take any projections with a grain of salt. As previously stated, we do not support the CMHC’s projections for real estate.
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Genworth and Canada Guaranty Won’t Adopt CMHC’s New Mortgage Rules
Following the announcement of CMHC’s new mortgage rules last week, Canada’s other two mortgage insurers, Genworth Canada and Canada Guaranty, confirmed Monday they will not be following CMHC’s lead.
Continue reading →CMHC GUIDELINES CHANGING JULY 1ST 2020
In order to protect future home buyers and reduce risk, CMHC is changing its underwriting policies for insured mortgages.
Continue reading →Realtors not buying CMHC’s ‘nightmare’ scenario
Federal housing agency forecasts sales will fall up to 29 per cent, home prices will drop 18 per cent and national housing starts could crater by 70 per cent this year. Industry experts beg to differ
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