Vacation home prices expected to rise again this year: Royal LePage report
Vacation home prices are expected to grow this year, despite concerns about the economy and global turmoil putting a damper on demand in...
Fannie Mae’s New Risk Assessment Model
One of the most significant recent changes is Fannie Mae’s updated risk credit level assessment within Desktop Underwriter® (DU). This new framework...
Condo lenders push back on Fannie, Freddie rule changes
The mortgage industry has generally supported Fannie Mae and Freddie Mac's more flexible roof insurance requirements for all single-family mortgages, but some condo...
No, Mortgage Rates Are Not Back to 7% Again
There are charts floating around (again) claiming that the 30-year fixed mortgage is back to 7%.These are hyperbolic and misleading and being used...
OSFI warns of mortgage stress for as many as 150,000
As many as 150,000 Canadian borrowers will have trouble refinancing their mortgages over the next two years as they face a combination of...