27 Jul, 2020
![]()
The tougher qualifying rules that came into force July 1 are making it harder for some Canadians to buy homes, however, there’s no […]
Comments Off on How to get around CMHC’s tough new mortgage rules
Tag: CMHC
16 Jun, 2020
![]()
Effective July 1, 2020, Canada Mortgage and Housing Corporation (CMHC) is changing its underwriting guidelines for insured mortgages. The changes will apply for […]
Comments Off on CMHC toughens qualifying rules even more
According to the Canadian Mortgage and Housing Corp (CMHC), tighter mortgage regulations are making Canada’s housing market less risky. Default rates remain low, […]
Comments Off on Mortgage stress test boosted Canada’s financial stability: CMHC
Effective September 2, 2019 (with the first closing on November 1, 2019), the $1.25 billion fund administered by the Canadian Mortgage and Housing […]
Comments Off on CMHC First-Time Homebuyer Incentive
Over 60% of Canadians are now self-employed in one way or another. That percentage is projected to increase, owing to the growing “gig” […]
Comments Off on Good News for the Self-Employed
The Canada Mortgage and Housing Corporation (CMHC) will be increasing Mortgage Insurance Premiums once again effective March 17, 2017, which will result in […]