Canadian Mortgage Blog

http://bit.ly/2sZ344j With Canada going through its biggest surge in international immigration on record, and with almost a quarter of those immigrants landing in Toronto, rents for purpose-built units has gone up 17 per cent in the third quarter, according to a Bentall Kennedy LP head. from Toronto Star | BUSINESS | REAL_ESTATE http://bit.ly/2Tn3HjS via IFTTT Need a mortgage?: Mortgages Victoria

http://bit.ly/2UowODr Reuters reported on Jan. 25 that Canada was considering subjecting private lenders to the same mortgage stress test rules faced by banks, to prevent housing market destabilization from lenders’ rapid growth. from Toronto Star | BUSINESS | REAL_ESTATE http://bit.ly/2Tjwd5Y via IFTTT Need a mortgage?: Mortgages Victoria

http://bit.ly/2Dw7wOe “If you advertise projects I expect them to be completed,” says Mayor Maurizio Bevilacqua at a Vaughan committee of the whole meeting on Tuesday. from Toronto Star | BUSINESS | REAL_ESTATE http://bit.ly/2sHOdLy via IFTTT Need a mortgage?: Mortgages Victoria

http://bit.ly/2FWnP8I Buyers in a cancelled project says the city can’t trust Gupta Group, which is applying to build a similar project on the same site. Vaughan’s committee of adjustment from Toronto Star | BUSINESS | REAL_ESTATE http://bit.ly/2W8L597 via IFTTT Need a mortgage?: Mortgages Victoria

http://bit.ly/2Ta8Onx Tighter mortgage rules fail to take into account rising incomes, declining principals, says mortgage association report. from Toronto Star | BUSINESS | REAL_ESTATE http://bit.ly/2sKnAFT via IFTTT Need a mortgage?: Mortgages Victoria

http://bit.ly/2MfctxF RBC lowers the rate for its 5-year fixed mortgage with other banks expected to follow suit from Toronto Star | BUSINESS | REAL_ESTATE http://bit.ly/2swHhkb via IFTTT Need a mortgage?: Mortgages Victoria

http://bit.ly/2T0S8Pi Nationwide, sales totalled 458,442 for the year, a drop of 11 per cent which was the biggest since 2008, the Canadian Real Estate Association said Tuesday from Ottawa. The 2.5 per cent December drop from the prior month was the most in eight months. Vancouver and Toronto led the slowdown in transactions. from Toronto Star | BUSINESS | REAL_ESTATE http://bit.ly/2AOXqGf via IFTTT Need a mortgage?: Mortgages Victoria