Archive for: February 2017

Mortgage rates to remain low for the first half of 2017 – report

Filed under: Mortgage - 27 Feb 2017

THINK OUTSIDE THE BOX:  Any possible rate increases would be minimal at best, and it appears inflation will remain at a relatively manageable 2 per cent.

In the wake of its report on the unsustainability of the Canadian housing market, Fitch …

CMHC’s Siddall on the Hotseat: Commentary – Part 1

Filed under: Mortgage - 22 Feb 2017

THINK OUTSIDE THE BOX:  If you thought Parliament’s hearings on the new mortgage rules was boring, you missed last week’s exchange between MP Ron Liepert and CMHC head, Evan Siddall.

Never, to our recollection, has there been such animosity towards the regulatory 3-Amigos: CMHC, …

Residential Market Commentary – week of February 13, 2017

Filed under: Mortgage - 13 Feb 2017

THINK OUTSIDE THE BOX:  Bits and pieces of information are starting to come out of the 2016 federal census.  And there are already some interesting details for observers of Canada’s housing market….

Commentary: OSFI’s Testimony

Filed under: Mortgage - 08 Feb 2017

THINK OUTSIDE THE BOX:   Rogers’ testimony omitted the true impact that OSFI’s capital changes are having in the marketplace, contained statements that could be interpreted as misleading, and failed to provide any substantive evidence justifying her agency’s changes.

Are regulators oblivious to the consequence of their …

First Time Home Buyers:  how you can harness the power of your RRSPs

Filed under: Mortgage - 02 Feb 2017

THINK OUTSIDE THE BOX:  This is an excellent opportunity to save for your first down payment.

RRSP (Registered Retirement Savings Plan) season is here!

Use the first 60 days of the year to contribute to your RRSP. You have until March 1st, …