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Blair's Mortgage Blog — Latest Posts
Mortgage Rates Not Increasing
Last week Canada's new top central banker says the Bank of Canada has no intention to raise interest rates given the current economic circumstances created by the COVID-19 pandemic.Governor...
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New Mortgage Rules
Following the announcement of CMHC’snew mortgage ruleslast week (which could cut maximum Price by up to 12%), Canada’s other two mortgage insurers, Genworth Canada and Canada Guaranty, confirmed...
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Mortgage Insurers Making Headlines
CMHC Makes Policy Changes – Genworth & Canada Guaranty Stay Put It came as a surprise to many mortgage industry insiders when the Canada Mortgage and Housing Corporation (CMHC) announced...
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Changes to Down Payment
Last week the CEO of CMHC warned the House of Commons that Canada could see mortgage defaults reach $9 Billion as a result of the pandemic.It is very possible that the minimum Down Payment for the...
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