Coldwell Banker Fort McMurray
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Tag Archives: CMHC
Insured Buyers are the Majority
Whether that insurance is offered by CMHC,
Posted in Canada News
Tagged canada guaranty, CMHC, finances, Genworth, Mortgage, Real Estate
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Cashback Down Payments
In another mandate by the OFSI federally regulated lenders will eliminate Cashback Down Payments. Lenders, such as credit unions, who are provincially, not federally, regulated may still approve these mortgages. However, CMHC spokesperson Charles Sauriol stated “CMHC supports the implementation … Continue reading
Posted in Canada News
Tagged bank of canada, banks, CMHC, credit unions, finance ministry, finances, Mortgage
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20 Observations on the New Mortgage Rules
Another awesome article from the folks at canadianmortgagetrends.com. Here are their 20 observations of the New Mortgage Rules.
Posted in Canada News
Tagged amortization, CMHC, interest rate, Mortgage, mortgage broker, mortgage term, rules
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CMHC tightening up
CMHC is pulling back the reins on numerous products, especially rental, self-empoyed / stated income mortgages. This is partly due to OSFI’s guidelines, and partly due to CMHC’s $600B insurance limit. As of September 30, 2011, CHMC disclosed that it … Continue reading
Housing starts see over 100% increase
New Housing starts in June are up 100% compared to June 2010.
Homebuyers Taking the Time to Plan
CMHC Survey Shows Homebuyers Taking the Time to Plan. Results also showed that Canadians take, on average, 11 months to plan their purchase while the majority of homebuyers (88%) indicated they had a good sense of how much mortgage they … Continue reading
Posted in Canada News, Miscellaneous Articles
Tagged CMHC, finances, First Time Home Buyer, Home Buyer, Home Seller, Mortgage, Real Estate
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How To Afford A Second Home
The summer vacation season brings joy to many people, but for some, the longing for a year-round second home brings a touch of melancholy. If you are one of those people who would love to own a place for weekend … Continue reading
Posted in Miscellaneous Articles
Tagged CMHC, finances, investment property, investments, Mortgage, Real Estate, vacation property
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5 Reasons To Save For A Big Mortgage Down Payment
Investopedia offers 5 Reasons To Save For A Big Mortgage Down Payment.
Posted in Miscellaneous Articles
Tagged CMHC, down payment, finances, Mortgage, Real Estate
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New CMHC Guidelines
It’s important that you know as much as you can about the mortgage and real estate markets so that you can make acquiring a mortgage an effortless process. The Canada Mortgage and Housing Corporation (CMHC) has recently announced some changes … Continue reading
Posted in Alberta News, Canada News, Fort McMurray News
Tagged CMHC, Mortgage, Real Estate
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