6/21/2024 | Posted in Home Buyers by Ron Hyde
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Many Canadian renters do not plan to purchase a home in the near future, with affordability challenges being a significant factor. ... More
4/30/2024 | Posted in Home Buyers by Ron Hyde
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The majority of Canadians aspiring to buy a home say they will push their plans to next year or later to wait for interest rates to drop, a new survey shows. ... More
4/18/2024 | Posted in Home Buyers by Ron Hyde
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As variable-rate mortgage holders eagerly anticipate the Bank of Canada’s first rate cut, fixed rates are heading in the other direction: up. ... More
3/2/2024 | Posted in Home Buyers by Ron Hyde
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The federal government has announced it will be discontinuing its First-Time Home Buyer Incentive (FTHBI) program as of March 21. ... More
2/27/2024 | Posted in Home Buyers by Ron Hyde
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One third of Canadians are considering alternative home ownership models, a new survey has found, as purchasing a home remains out of reach amid an ongoing affordability crunch. ... More
9/8/2023 | Posted in Home Buyers by Ron Hyde
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It’s no secret that Canada’s banking regulator has its sights set on fixed-payment variable-rate mortgage products. And OSFI chief Peter Routledge reiterated that ... More
8/14/2023 | Posted in Home Buyers by Ron Hyde
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Originally introduced to mitigate borrower default risks in the event of rising interest rates, some brokers now argue that Canada’s mortgage stress test is no longer needed ... More
5/17/2023 | Posted in Home Buyers by Ron Hyde
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A string of aggressive interest rate hikes from the Bank of Canada is driving short-term fixed-rate mortgage demand higher, according to a new survey. ... More
1/3/2020 | Posted in Home Buyers by Ron Hyde
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Have you decided to purchase a new condo? Consider these things to ensure you understand your rights as a new home buyer. ... More
12/13/2019 | Posted in Home Buyers by Ron Hyde
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Millions of Canadian millennials feel they may never be able to follow previous generations into homeownership according to a new survey. ... More
9/16/2019 | Posted in Home Buyers by Ron Hyde
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In an election announcement on Thursday, Liberal Party Leader Justin Trudeau promised to turbocharge the First-Time Home Buyer Incentive (FTHBI) for Canadians who live in ... More
8/24/2019 | Posted in Home Buyers by Ron Hyde
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New data shows the country’s youngest buyers are being affected most by the government’s mortgage stress tests. ... More
6/18/2019 | Posted in Home Buyers by Ron Hyde
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The incentive will allow eligible first-time homebuyers who have the minimum down payment for an insured mortgage with CMHC, Genworth or Canada Guaranty, to apply to finance a ... More
6/13/2019 | Posted in Home Buyers by Ron Hyde
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Three quarters of homebuyers in three of Canada's largest housing markets are not willing to take financial risks when buying a home, ... More
5/17/2019 | Posted in Home Buyers by Ron Hyde
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The Conservative Party leader says he's "absolutely committed" to reviewing the rule. ... More
5/15/2019 | Posted in Home Buyers by Ron Hyde
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Canada needs to be building more homes to meet demand which is greater than official figures suggest. ... More
5/7/2019 | Posted in Home Buyers by Ron Hyde
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Young families in particular want strong transit links, short commute ... More
4/30/2019 | Posted in Home Buyers by Ron Hyde
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If you’re considering a custom-built home, here’s everything you need to know. ... More
4/4/2019 | Posted in Home Buyers by Ron Hyde
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Canada's housing agency says new spending measures aimed at helping first-time buyers afford homes won't push prices up more than a few tenths of a percentage point. ... More
11/30/2018 | Posted in Home Buyers by Ron Hyde
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CMHC has published its financial report for the third quarter of 2018 which also reveals insights into this year’s homebuyers. ... More
10/4/2018 | Posted in Home Buyers by Ron Hyde
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CMHC’s new guidelines that make it easier for self-employed borrowers to qualify for a mortgage came into effect on Oct 1. ... More
9/13/2018 | Posted in Home Buyers by Ron Hyde
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Rising rents is making homeownership the affordable alternative according to a new report. ... More
9/4/2018 | Posted in Home Buyers by Ron Hyde
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Here are some interesting data about Gen Zers and their homeownership plans and goals. ... More
7/20/2018 | Posted in Home Buyers by Ron Hyde
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With detached family homes few and far between in Canada's major housing markets, these trends may leave new homebuyers in a lurch. ... More
7/19/2018 | Posted in Home Buyers by Ron Hyde
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Canada Mortgage and Housing Corp. is making changes intended to make it easier for the self-employed to qualify for a mortgage ... More
7/5/2018 | Posted in Home Buyers by Ron Hyde
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Toronto real estate may not be what it was one year ago, but it’s still a battle for home buyers. ... More
7/4/2018 | Posted in Home Buyers by Ron Hyde
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There appears to be little relief in sight for Canadian homebuyers, especially first-time buyers, as affordability is likely to worsen. ... More
6/12/2018 | Posted in Home Buyers by Ron Hyde
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Private lenders have doubled their share of Canadian mortgages since 2015. ... More
6/6/2018 | Posted in Home Buyers by Ron Hyde
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York Region municipal councillors have proposed a municipal land transfer tax, but the CEO of the Ontario Real Estate Association is imploring them to consider the ... More
5/23/2018 | Posted in Home Buyers by Ron Hyde
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A study out of Ryerson University warns of a severe housing shortage in the near future. ... More
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