fbpx

Month: February 2019

Computer Invoice

Current mortgage rules are overkill – observers

The housing declines observed nationwide last month might be a disturbing indicator that the current mortgage rules are actually too heavy-handed, according to Ryerson University associate professor Murtaza Haider and real estate industry veteran Stephen Moranis.

Read More »
Mortgage Loan Insurance

What Is Mortgage Loan Insurance?

Mortgage loan insurance is insurance provided by Canada Mortgage and Housing Corporation (CMHC), a crown corporation, Genworth Capital Mortgage Insurance Company (GE), and Canada Guaranty (CG).

Read More »

Reverse mortgage growth reaches 8-year high

Data from the Office of the Superintendent of Financial Institutions indicated intensified borrowing among Canadian seniors taking advantage of their housing equity, with growth of the nation’s reverse mortgage load reaching its highest point in 8 years.

Read More »

NEWSLETTER SIGN UP

CATEGORIES

_

ARCHIVES

TAGS

ECMB Circle Logo
  • Office:141 Torbay Road, NL
  • Direct:(709) 770-9194
  • Fax:(709) 754-0466