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Mortgage lending tightens for self-employed, immigrants
2012-02-01 | 09:39:00
By Susan PiggBusiness Reporter It’s going to be tougher for the self employed, new immigrants and higher-risk borrowers to get a mortgage as concerns continue to mount over the state of Canada’s housing market.CIBC’s...read moreMore mortgage rules planned if housing market gets too hot
2012-01-30 | 08:53:13
Garry MarrA new round of mortgage rules from Ottawa could include tough new measures for calculating how the self-employed qualify for loans and tighten regulations for condominium buyers, according to two separate sources.Ottawa remains concerned...read moreCanada facing subprime mortgage risk
2012-01-30 | 08:51:25
By Andrew MayedaCanadian lenders are loosening standards, offering mortgages similar to U.S. subprime loans that pose an “emerging risk” to financial institutions, according to the banking regulator.Banks and other lenders are becoming ...read moreCanadian home prices slide for first time in a year
2012-01-26 | 09:54:03
Financial Post StaffOTTAWA — Canadian house prices dropped in November for the first time in nearly a year, according to the monthly Teranet-National Bank house price index released Wednesday.The 0.2% drop followed two months of flat prices,...read moreConnect the housing bubble dots: There could be trouble on CMHC's horizon
2012-01-25 | 10:07:21
TED RECHTSHAFFENGlobe and Mail UpdateA few months ago I heard leading Canadian investor Eric Sprott speak, and he said a very basic thing that struck a chord. He said that you should not be afraid to connect the dots. The dots are usually in front of...read moreMore mortgage rules planned if housing market gets too hot
2012-01-24 | 09:59:51
Garry MarrFinancial PostA new round of mortgage rules from Ottawa could include tough new measures for calculating how the self-employed qualify for loans and tighten regulations for condominium buyers, according to two separate sources.Ottawa...read morenext »